Josephine Cumbo: Pension Wise, Commercial Foolish
Could getting pension providers involved in Pension Wise help solve the service’s problem of low take up? This is a question that the Money and Pension Service (MaPS) - which manages Pension...
Could getting pension providers involved in Pension Wise help solve the service’s problem of low take up? This is a question that the Money and Pension Service (MaPS) - which manages Pension...
Since 1 October all DC schemes have been required to report on the net performance of their investments. This is the first step towards the value for member (VFM) assessments that are...
Over a million UK workers believe that they will never retire, while 17.1m working adults - 44 per cent - think they will work past their state pension age, according to research...
How will the regulator’s proposed ‘consumer duty’ rules differ from the ‘treating customers fairly’ regime? We have yet to see the FCA’s draft proposals, which are expected to come into force next...
The Financial Conduct Authority will now require pension schemes to refer savers to Pension Wise guidance before taking benefits. Its policy statement on stronger nudges towards pensions guidance says “it is a...
Retirees need to be given more help on deciding on buying an annuity in later life, according to new research from pension consultants LCP. Their analysis suggests many pensioners could get a...
Aegon UK has appointed Antonia Balaam to the newly-created role of director of DC clients. In this role, she will head the client director team which is responsible for leading the relationships...
Cushon has made three senior appointments, with hires from Aon, Mercer and Aegon, as it aims to deliver on ambitious growth plans. The fintech workplace pensions and savings provider has hired Dom...
The FCA’s proposals on a new consumer duty come after several years of debate and deliberation. It stops short of imposing a fiduciary duty on financial services firms, but certainly raises expectations...
The industry should be confident that productive finance proposals designed to get DC schemes investing in less liquid assets will happen, unlike some other planned reforms of the pension industry. Alan Mankikar,...