New rules came into effect on 1 April 2017 to increase transparency and engagement in the general insurance market which were set out in FCA Policy Statement PS16/21. There are two main...
The service has been designed to take advantage of government legislation that came into effect on 16 November 2017 that introduced an allowance of £500 that could be used towards employee pension...
Rentokil Initial Pension Trustee Limited failed to complete 2012 and 2015 valuations of the Initial Hospital Service Limited No.1 Pension Scheme by July 2013 and July 2016 respectively. DB scheme trustees are...
The presence of a workplace wellbeing offering is becoming an important deciding factor in choosing a potential employer, with 44 per centof people saying the availability of a workplace well-being programme would...
The announcement creates an opportunity for insurers to create new policies for individuals looking to cover their mortgage payments in the event they become incapable of working, says the Building Resilient Households...
The industry breathed a metaphorical sigh of relief when the Chancellor Philip Hammond announced no planned rise in Insurance Premium Tax (IPT) in last November’s Budget. Whether this came in response to...
Whilst assessing good value for members of DC pension schemes is not a new subject for trustees and the pension industry, the rise of several contrasting transparency initiatives has begun to muddy...
The FCA’s multi firm review of automated investment services may be a first shot across the bows of the robo advice community, but for corporate advisers it provides valuable clarity on regulatory...
There is a quiet revolution going on in how we plan for retirement as, in general, we are living longer, healthier lives. I am determined to make sure that the pension system is...
The new group will be formed over the summer with a launch planned for autumn, when the full IDWG report, including templates, will be released. This pause in the publication of the...
