David Brown: Decumulation stuck in systems time warp
For years, the pensions industry has treated decumulation as a single, solemn question: how do we turn a pot of money into a reliable income for life? We have produced rules, papers,...
For years, the pensions industry has treated decumulation as a single, solemn question: how do we turn a pot of money into a reliable income for life? We have produced rules, papers,...
Nearly 15 years ago, I wrote my first article for the pensions press. I was surprised, and my Mum was delighted that it made the front page. The article was about the...
Nest is now able to expand the range of retirement options offered to its 14 million members, allowing it to offer flexi-access for the first time, following regulatory changes. The legislation allowing...
Ten providers already have the £25bn of DC assets required by the government’s new scale test across their entire book according to data in Corporate Adviser’s latest Master Trust and GPP report....
WTW has completed its acquisition of Cushon, following regulatory approval from the Financial Conduct Authority (FCA). WTW already runs the LifeSight master trust, and this acquisition further strengthens its position in the...
Verity Trustees has added a Shariah-compliant fixed income fund to its DC self select fund range. It has added the HSBC Sukuk UCTIS ETF to its members fund options, on the advice...
SEI has appointed Chris Roberts and Azka Ali to its master trust board of directors and named Roberts as chair following the retirement of Allan Course. Roberts has 25 years of experience...
PwC has limited its GLP-1 medication coverage in the US to diabetic employees, amid rising benefits costs. Employers have been facing tension over whether workplace health benefits should fund weight loss treatment...
Legal & General (L&G) has received approval from the Financial Conduct Authority (FCA) to deliver targeted support. This will enable L&G to provide more tailored communications to defined contribution workplace pension members....
Gail Izat has been promoted to chief operating officer for Standard Life’s pensions & savings business. This newly created role follows Standard Life’s acquisition of Aegon UK and Izat will be tasked with...