Former pension minister Baroness Altmann has described the FCA’s overhaul of the Financial Services Register as a “scammer’s charter”, accusing it of diminishing consumer protection and making it harder for trustees to...
The new Pension Schemes Bill will be published today, after being introduced to the House of Lords yesterday. This bill — which was included in the recent Queen’s Speech — contains legislation...
The Chancellor, Sajid Javid has confirmed his first Budget will be held on March 11 this year. It is widely expected that this will contain proposals to reform the current pension system,...
Mercer has appointed Malcolm Reynolds as its UK head of pension administration. Reynolds moves from JLT, which was recently acquired by Mercer’s parent company Marsh & McLennan. Reynolds has been with JLT...
Nest has confirmed its new subsidiary, Nest Invest has received authorisation as an Occupational Pension Scheme. Nest’s chief investment officer Mark Fawcett says: “The Financial Conduct Authority has reviewed our application and...
Three out of four people have no idea where their pension is invested, while nine out of 10 did not know what a ‘default’ fund is, according to new research. This is...
The Financial Conduct Authority has finalised rules which extend the role of Independent Governance Committees in workplace pensions. For the first time IGCs will be responsible for overseeing a pension’s provider approach...
Nest is testing more stringent environmental targets as a way to protect investors from the the risks posed by climate change. The UK’s biggest master trust, which looks after the pension of...
Smart Pension has been appointed as the preferred provider for Guernsey’s new auto-enrolled pension scheme. All employees living and working in Guernsey will be enrolled into the Your Island Pension Scheme in...
Trustees need to actively engage with impact investing if they want to deliver financial returns for members while meeting social and environmental targets, according to the latest report from Aon. However, rather...
