Significant administrative problems at Now: Pensions, affecting more than a quarter of a million people have been largely resolved says the Pensions Regulator. TPR says the provider and its trustees have largely...
The Financial Conduct Authority has called for pension providers to offer default investment pathways for those accessing drawdown services without advice. It is inviting the industry to consult on these recommendations, which...
MPs have grilled auto-enrolment pension providers over their investment performance, highlighting the poor three-year figures from Now: Pensions, and criticising providers for not focusing more on delivering returns to investors. MPs at...
Government employment figure published today shows a record number of over-50s now in the workforce. The figure show that were 10.6m over 50s in the workplace, equivalent to one in three of...
Since 2015 the Insolvency Service has successfully applied to the courts for 24 companies to be wound up due to ‘pension misuse’. This government agency said more than £202m was invested via these...
Smart Pension is taking the employers and members of Lighthouse Group’s Corporate Pensions Trust following the decision of its trustees not to apply for master trust authorisation. CPT’s decision not to apply...
Schroders says the chance of a general election or a second referendum, to break the Brexit deadlock and steer the UK away from a cliff-edge Brexit it predicts will create a recession...
A no-deal Brexit could lead to almost a 25 per cent fall in the value of UK equities, with European stocks falling by 10 per cent, according to MSCI. MSCI says a...
Mearns & Company, the Edinburgh-based employee benefits consultancy, has appointed ex Mattioli Woods and Kudos financial services director Alan Fergusson as a non-executive director. Fergusson, who has over 20 years of experience...
20-20 Trustees has appointed Naomi L’Estrange as its new managing director. L’Estrange has worked for the professional trustee firm since 2014, and currently runs its Nottingham office. She has had 20 years...
