Nest is the latest pension provider to join the Star initiative, an industry-wide group aimed at driving up standards in the pension industry, and reducing transfer times. This ABI-hosted pensions working group...
Never in the field of personal finance was so much owed to so many by so few. It’s not quite Winston Churchill, nor the Second World War, but the spectacular implosion of...
The Aon MasterTrust has received authorisation from The Pensions Regulator, making it the 13thprovider to receive authorisation. The master trust is expected to appear on The Pensions Regulator’s list of approved master...
The Government is “complacent” about cost transparency failings in pensions industry and funds should be obliged to disclose costs in a uniform template, according to a report from the Work and Pensions...
The Personal Finance Society (PFS) has warned that the FCA’s pension transfer advice cost template, set out in Annex 1 of its consultation, could mislead consumers. As part of its consultation paper...
The Financial Conduct Authority (FCA) has set out plans to ban advisers charging based on a positive recommendation to transfer out of a defined benefit scheme. The decision to prohibit ‘contingent charging’ comes in...
The FCA has published final rules, guidance and feedback on the Retirement Outcomes Review consultation CP19/5, requiring drawdown providers to offer non-advised customers investment pathways. The new rules and guidance come into...
Corporate Adviser’s Master Trust & GPP Defaults report has prompted a written parliamentary question, with Labour’s Angela Eagle MP asking the government whether it plans to water down the pension charge cap. The...
Aviva has seen a 50 per cent increase in enquiries from unbundled workplace pension schemes considering moving to a bundled provider. The provider says that unbundled to bundled enquiries are up by...
Three quarters of employers want to see the removal of the £10,000 earnings trigger, which excludes millions of low paid and part-time workers, a majority of which are women, from auto-enrolment, according...
