Tenfold increases in professional indemnity insurance premiums and restricted cover terms are causing financial advisory firms to turn away clients needing government mandated advice on DB pension transfers, says The Personal Finance...
Defined benefit transfers hit their highest level for a year despite repeated signals from the FCA that it is unsatisfied with transfer advice decision-making. XPS Pensions Group’s Transfer Activity Index recorded an increase in the...
Large pension schemes will be compelled to report on their climate change strategies under an amendment to the Pension Schemes Bill published today. The PLSA has attacked the amendment as a dangerous...
The Pensions Regulator should investigate why two thirds of pension scheme trustees are failing to comply with their environmental, social and governance (ESG) obligations, a new report from the UK Sustainable Investment and...
Defined contribution (DC) assets across the world’s six largest pension markets exceeded defined benefit (DB) assets for the first time in 2019, research from the Thinking Ahead Institute has found. The research...
Investors in workplace pensions have received returns 16.8 per cent higher than investors using financial advisers in the five years to Q3, 2019, new research from Corporate Adviser reveals. Older investors, with...
The Cheviot Trust delivered the highest returns for savers in the pre-retirement phase, for those five years before state pension age, returning 10.6 per cent a year annualised before charges in the...
Now: Pensions, the master trust that has sat at the bottom of the workplace pension default performance tables for several years, delivered the sector’s strongest performance in the year to Q3 2019,...
Workplace pension providers will no longer have disclose to members full fees — including transaction costs — for all fund options, after the industry lobbied the regulator for a change in these...
Nest has reached £10bn assets under management (AUM) invested on behalf of more than 8.6 million members. The scheme has hit the £10bn mark in less than a decade, having been launched...
