The proposed Value for Money (VFM) framework for pension schemes has sparked positive reactions in the industry, as the joint approach turns focus away from cost and towards overall value, which includes...
Pension schemes’ costs, charges, investment performance and service quality will be publicly rated red, amber and green under the new value for money (VFM) framework. The DC pensions framework, created jointly by...
The Pensions and Lifetime Savings Association has appointed Zoe Alexander as its new director of policy and advocacy. Alexander joins from Nest, where she is currently director of strategy and corporate affairs....
Legal & General Group has reported strong growth in its retirement division as part of its half year results. The insurer said it had seen a 6 per cent growth in this...
More than eight out of 10 (84 per cent) annuity holders likely to qualify for an enhanced annuity do not have one of these higher-paying products according to new research. The figures,...
Tillit has entered the workplace pension market with a Sipp (self-investment personal pension) product, which offers auto-escalation as standard, in a bid to help employees boost pension pots. Tillit is the first...
Now Pensions is the latest pension provider to become a a signatory to the UK Stewardship Code. The UK Stewardship Code, run by the Financial Reporting Council (FRC) now has 287 signatories,...
The average transfer times for defined contribution (DC) pensions are continuing to fall, according to Origo. Average transfer times fell from 12.3 to 12 calendar days in the 12 months ending June...
Nearly half or 46 per cent of British Steel Pension Scheme (BSPS) members received unsuitable advice, according to the Financial Conduct Authority (FCA). The FCA’s redress scheme aims to ensure that those...
Aviva has appointed Simon Ellis as its new workplace commercial director, taking over from Emma Douglas who previous led the company’s workplace pensions business. Douglas is staying with Aviva, taking on the...
