The Department for Work and Pensions Select Committee has announced an inquiry into the role of contingent charging on pension transfer advice. It is inviting interested parties to submit written evidence on...
Compensation paid to those who have been wrongly advised to transfer out of a DB pension scheme has doubled over the past two years. New figures from the Financial Services Compensation Scheme...
Willis Towers Watson has appointed Costas Yiasoumi as a senior director in its pension de-risking transaction business. The appointment reflects the firm’s significant growth in providing services in this rapidly expanding area. ...
Arter has also been reappointed as the Ombudsman for the Pension Protection Fund, again for a further two-year period. The Pension Ombudsman investigates complaints and disputes about personal and occupational pension schemes....
The Competition and Markets Authority has demanded a range of reforms to improve competition in the investment consultant and fiduciary management sector. This recommendations come as the CMA publishes its final report...
MacLeod joins from LEBC group where he held a similar role. He will support the TPT’s new direct to scheme business, led by Adrian Cooper. Previously MacLeod worked as director of sales...
UK companies are not expected to have their credit rating downgraded, after a recent high court ruling on equalising guaranteed minimum pensions (GMPs). Credit ratings agency Moody’s says it expects there would...
This telecoms giant had been looking to substitute its current measure - the Retail Prices Index (RPI) - with the Consumer Prices Index (CPI), which typically increases at a slower rate. It...
In total 44 per cent of scheme are now in surplus, and 90 per cent of companies could pay off their IAS19 deficit with less than six months earnings. However it is...
More than 173,000 people have sought information about pensions scams, since a joint initiative was launched by the Financial Conduct Authority and The Pensions Regulator this summer. This is a five-fold increase...
