The well-publicised problems with advice on transfers from the British Steel Pension Scheme (BSPS) has ben arguably the most high-profile test to date of the pension freedom and choice policy. While sponsor...
The Work and Pensions Committee has today published a report calling for all pension providers to offer a single default drawdown option and all schemes, including DB, to be required to give...
Publishing new rules on pension transfer advice, the FCA has launched a consultation seeking views on additional changes, including adviser charging structures. In June 2017, the FCA proposed changes to the rules...
The firm’s latest quarterly report shows that 42 companies could have settled their pension deficits in full by making a payment of up to one year’s dividend. The ratio of total dividends...
A paper published by the CMA as part of its investigation into the investment consultancy sector found that the gross product return of products that were ‘buy-rated’ by investment consultants is 0.23...
Controlled research of over 2,000 people carried out by Oxera and the Centre for Experimental Social Sciences (CESS), found a clear correlation between the choices people make and their knowledge of the...
The Defined Benefit White Paper published today proposes legislation that would make it a criminal offence to commit ‘wilful or grossly reckless behaviour in relation to a pension scheme’. Labour attacked the Government...
The new law comes in the wake of a series of high profile corporate collapses by companies with significant defined benefit (DB) pension scheme deficits, leaving thousands of members facing reduced benefits...
