Breaking: Rudd replaces McVey
Rudd resigned from her post at the Home Office following sustained criticism of her handling of the Windrush affair, which saw people who had moved to the UK from the West Indies...
Pensions
Ian McKenna: Time to reintroduce a new form of commission?
Clearly many elements of auto enrolment have been a great success. Over 10 million people saving for their retirement for the first time and so far, opt out levels continue to be...
Ros Altmann: Net pay: trustees’ biggest failure?
Most auto-enrolment schemes have trustees responsible for looking after member interests, ensuring schemes are well-run, communicating clearly with members and offering suitable investment options. But many pension trustees are overlooking the interests...
TPT appoints new business development manager
TPT Retirement Solutions has appointed Alan Redwood as business development manager. Redwood’s role will focus on promoting the company products - including its DB Complete solution - to sponsors and trustees of...
DC members want more transparency on fund performance
Pension savers want more transparency about how their company pension is performing, according to new research. This research found seven out of 10 savers (71 per cent) enrolled into DC schemes are...
Brexit leads to more cautious investment approach
One in three advisers now say they are more likely to recommend defensive stocks because of Brexit. This is has increased from one in 10, when a similar survey was conducted a...
Early retirement hits 23-year low: ONS
The number of people taking early retirement is expected to hit an all time low in the coming year, according to projections from Aviva These are based on new employment figures from...
Nest trials new ‘sidecar’ savings scheme
Nest Insight has launched its new ‘sidecar savings’ trial in a bid to boost employees’ financial resilience. The first employer in this trial will be Timpson, who will use the scheme with its...
Aon boosts responsible investment team
This appointment is part of Aon’s ‘returnship programme’ which aims to recruit more experienced people who are returning to the finance industry following a career break. McMahon was previously vice president of...
Court ruling blocks final salary pension transfers
Some final salary transfers have been put on hold after a high court rules that Lloyds Banking Group pension scheme must equalise the Guaranteed Minimum Pensions of men and women. These GMPs were...
