Financial firms risk losing relevance as consumers increasingly turn to AI for financial guidance, industry leaders warn. At a Moneyhub webinar, experts warn that while AI is commonly used for back-office efficiencies,...
One of the most contentious parts of the new value for money framework is the proposed ‘traffic light’ test — which requires schemes to give themselves a red, amber or green (RAG)...
The new Value for Money (VFM) assessments look set to significantly reshape the DC industry — but do these proposals go far enough? This was one of the key issues under debate...
Tom Higham, head of engagement, Mercer Master Trust The concept of value has been widely discussed in the industry, with it seemingly subjective from provider to provider. Recognising this The Pensions Regulator,...
The average worker expects to retire with an income of £48,868 but is likely to fall short by around £12,000, according to Royal London. According to a survey of 4,000 people who...
Bigger is better when it comes to DC pensions, says Mike Ambery, retirement savings director, Standard Life Here at Standard Life, part of Phoenix Group it seems like we’re a relative outlier...
The Chartered Insurance Institute (CII) has appointed Adam Harper and Holly Porter as its new executive directors starting in early March. Harper will take on the role of executive director of strategy,...
The People’s Pension now has its own dedicated in-house investment team, with the authorisation of People’s Investment Limited (PIL). This new division will be overseen by CIO Dan Mikulskis (pictured) and will...
Standard Life has appointed Barry Butler to its Independent Governance Committee (IGC). This follows the transition of Andrew Davies to chair of the IGC - which oversees the the interests of 2.7m...
The majority of DC scheme members, 80 per cent, would give up flexibility for higher income, and 78 per cent would do so for a guaranteed income, according to Hymans Robertson. According...
