The FCA has published a consultation on proposed new rules surrounding disclosure of costs of workplace pension schemes and has moved to address the challenge of negative transaction costs caused by anti-dilution...
If there has been one thing as volatile as the comings and goings in Westminster since the UK’s vote to leave the European Union, it has been currency markets, writes Joe McGrath. After...
HSBC is believed to be on the verge of re-entering the workplace pensions market with the launch of a master trust proposition. The global bank is understood to be recruiting trustees for...
Nest has unintentionally been overstating its annualised investment performance by 0.3 per cent, presenting returns as net when they should have been presented as gross. The error, which the provider has recently...
The newly launched Cost Transparency Initiative will work on implementing, promoting and encouraging the use of new cost transparency templates across the pensions and investment industries. The templates are designed to allow...
BlackRock has expanded its multi-asset product range with the launch of a new ESG-focused strategic growth fund. BlackRock says this launch is in response to “growing appetite” among UK pension schemes for...
Lifesight, Willis Towers Watson’s DC master trust will allocate around half of its equities into environmental, social and governance investment strategies. It is understood that this is the first master trust to...
The Financial Conduct Authority and the Pensions Regulator have announced a joint regulatory strategy aimed at improving retirement outcomes for consumers. This will include a wide-ranging strategy review next year, which will...
Aegon, Aviva, Royal London and Scottish Widows have all received gold medal ratings for their workplace pensions. Financial research consultants, F&TRC, have compiled their annual ratings of both workplace pension and auto-enrolment...
HM Treasury has confirmed it is looking to tackle anomolies in the auto-enrolment system which has seen up to one million low-earners miss out on tax relief. Its statement, which says it...
