The Pensions and Lifetime Savings Association (PLSA) is calling for the establishment of a new regulatory framework to help savers with the complex decisions they face accessing their pension at retirement. The...
AJ Bell CEO Andy Bell has written to the newly appointed FCA chief executive warning proposed investment pathways could potential create a new misselling scandal. In the letter Bell highlights the “consumer...
Mercer has earned the highest PRI ranking for its responsible investment strategy. The Principles of Responsible Investment (PRI), which is supported by the UN, is an independent global body dedicated to promoting...
Technology that enables pension scheme members to vote on shareholder resolutions is being piloted by Legal & General Investment Management and is set for wider rollout due to the success of early...
Retirement fintech provider Smart is launches its pensions business in the US today. Smart already offers a master trust in the UK, which now runs over 70,000 retirement plans on it. The...
Only a 1930s-style depression would have caused pension income to be cut under new collective defined contribution (CDC) schemes, according to new research from Aon. The pension consultancy said extensive analysis indicates...
The Pensions Management Institute (PMI) has appointed Lesley Alexander as its new president. Alexander has been a non-executive director on the board since 2018, and is already in her second term on...
The next pension misselling scandal will be centred around pension schemes' lack of action around climate change issues, and any schemes not targeting the Paris accord targeting limiting climate increase to 1.5...
Collective defined contribution (CDC) schemes will deliver retirement income on average 70 per cent higher than annuities bought through traditional DC saving, and 40 per cent higher than typical DB structures, according...
Many smaller single trust pensions could face problems switching to a master trust structure in the second half of this year, due to the volume of transfers being carried out. Investment consultants...
