It is now five years since the introduction of pension freedom rules, but there is still widespread confusion about retirement options, particularly among the 50-plus age group. One in four savers (26...
The new chancellor Rishi Sunak, has dropped plans to reduce higher rate tax relief on pensions, according to reports this weekend. Briefings suggest this change of plan comes after fierce opposition by...
Hymans Robertson has promoted William Chan to the newly created role of head of DC investment. In this new position Chan, who joined the company in 2015, will lead Hymans Robertson on...
One in three single-employer trusts and one in five contract-based schemes expect to move into a master trust within the next five years, according to a survey conducted by Aon. The main...
Three quarters of default funds already have or plan to introduce within 12 months some sort of filtering, screening or tilting to their investment strategy to reflect environmental, social and governance (ESG)...
AllianceBernstein has the largest number of individuals conducting ESG analysis, with 126 research analysts all considering ESG specifically, while BlackRock has the largest AUM of ESG assets, according to in-depth quantitative research...
Scottish Widows has created a new specialist team dedicated to responsible investment to integrate responsible investment activity across its fund range and meet evolving customer values and beliefs. The team is led...
Tenfold increases in professional indemnity insurance premiums and restricted cover terms are causing financial advisory firms to turn away clients needing government mandated advice on DB pension transfers, says The Personal Finance...
Defined benefit transfers hit their highest level for a year despite repeated signals from the FCA that it is unsatisfied with transfer advice decision-making. XPS Pensions Group’s Transfer Activity Index recorded an increase in the...
Large pension schemes will be compelled to report on their climate change strategies under an amendment to the Pension Schemes Bill published today. The PLSA has attacked the amendment as a dangerous...
