JLT buys Moola
Moola offers customers the opportunity to invest in Isas, generalised investment accounts and offers ethical and tax efficient portfolios. JLT says the acquisition will help with its strategy of supporting UK businesses...
Pensions
‘Time to celebrate AE’s 50pc returns’ – Altmann
Pointing to figures from Corporate Adviser’s Master Trust Defaults report, which showed that the average auto-enrolment default, across a pool of 25 funds covering more than 12 million pension savers, has returned...
Altmann joins Pensionsync as chair
Altmann, who sits in the House of Lords as a Conservative peer, says the organisation’s technology can facilitate cheaper, more accurate administration of pensions, and says the pensions dashboard project, which the...
CMA flags concern over DC investment scrutiny
In its provisional decision report published today, part of its Investment Consultants Market Investigation, the CMA says indicators of low engagement with investment outcomes by DC schemes raise a risk to the financial...
Consultants counter competition claims
Publishing its provisional decision report, part of its Investment Consultants Market Investigation today, the CMA says that it had found evidence of an adverse effect on competition (AEC) in the field of fiduciary...
CMA targets investment consultants and fiduciary managers with string of reforms
Publishing its provisional decision report, part of its Investment Consultants Market Investigation today, the CMA says that it had found evidence of an adverse effect on competition (AEC) in the field of fiduciary...
Fears for dashboard as DWP goes silent
Secretary of state for work and pensions Esther McVey is reported in The Times today as being on the verge of announcing that the pensions dashboard project, which has been in development...
Nest takes stake in commodities
The new fund will make up one of the asset class building blocks in the pension scheme’s default strategy, and has been designed to cater for Nest’s environmental, social and governance (ESG) requirements....
FCA highlights concerns over investment platform market
The interim findings of the FCA’s market study into investment platforms, published today found some consumers may benefit from switching but find it difficult or costly to do. Around 7 per cent of...
Passives winning in battle of price over value
Employers signing off the fund choices for their defined contribution pension schemes have been so keenly focussed on price that they are overlooking the potential value in well-run active management strategies, according to...
