FCA chair resigns
The chair of the Financial Conduct Authority, Charles Randell, will leave his position in Spring 2022, a year before the end of his appointed term. Randell, who has held this post since...
The chair of the Financial Conduct Authority, Charles Randell, will leave his position in Spring 2022, a year before the end of his appointed term. Randell, who has held this post since...
Pension firms need to change the way they communicate with older millennials and ‘Generation X-ers’ to boost pension savings according to new Nest Insight research. More positive and empathetic communications that highlighted...
Despite the regulatory burden being lessened in recent months, the appeal of private debt to defined contribution (DC) master trusts in the UK is still limited. In the US, the model is...
The revolution in the master trust sector has continued its seemingly relentless progress despite the pandemic. The big drivers remain political and regulatory pressure to improve standards and offer better value for...
The pensions industry has given a stark warning to politicians that current plans to increase the age at which people can access their retirement funds will “bake in complexity” to pension rules...
More money for eating out, a higher personal grooming budget, and the inclusion of a Netflix subscription have now been included within the Pensions and Lifetime Savings Association’s retirement living standards. These...
More than one in four adults (26 per cent) now have at least one pension pot of less than £5,000, as the problem of small pots across the pensions industry continues to...
With successful players likely to be those with scale, capital, deep behavioural insights and strong brands, surely the fast-growing DC sector is a fertile opportunity for a global bank. That was the...
Large DB pension schemes are lagging the DC pension sector when it comes to addressing climate change, with more than seven out of 10 schemes failing to set ‘robust’ net zero targets...
The government has two over-riding priorities for the occupational DC market in the year ahead: encouraging more investment into ‘productive finance’, and accelerating consolidation, particularly among smaller pension schemes. Speaking at the...