Poorly performing pension funds will be closed to new business and providers will be required to show how much they invest in UK businesses under reforms unveiled by Chancellor Jeremy Hunt today....
Aegon has reported a surge in new workplace pensions business, with a 31 per cent year-on-year increase in gross deposits, with £6.9bn of assets moving to the provider. Its results to the...
Isio has received official recognition as a Living Pension employer ahead of the first anniversary of the initiative's launch. Isio is the first pensions consultancy to achieve this accreditation. The Living Pension,...
The pace of scheme closures is anticipated to see minimal change with the implementation of the new DB funding regime, according to the Society of Pension Professionals (SPP) members. Around 200 members...
Legal & General is the latest pension provider to back the introduction of ‘targeted support’ as part of a regulatory shake-up of advice and guidance. In its response to the discussion paper...
Last year the government announced it was abolishing the Lifetime Allowance (LTA). This potentially impacts group life insurance, with many companies previously setting up excepted group life policies to avoid tax charges...
AJ Bell is the latest to back 'targeted support' in response to the government’s consultation on redrafting rules around advice and guidance. AJ Bell welcomes the proposed changes to financial advice, describing...
Hymans Robertson has appointed Leonard Bowman to the newly-created role of head of corporate consulting. As part of this role Bowman will ensure Hymans Robertson’s has a co-ordianted strategy when it comes...
Pension providers are urging government and regulators to "be brave and bold” when it comes to redrawing the boundary between advice and guidance. In its response to the government's discussion paper on...
Royal London has appointed Peter Josse as its new group chief operating officer. Josse has over 20 years’ experience in the banking industry, and joins from Barclays Bank where he has been...
