The tapered annual allowance pension rules are a classic example of bad policy design. The rules are far too complicated, impossible to predict properly and have damaging side-effects which undermine the aims...
Climate change and artificial intelligence (AI) are two ‘supertanker trends’ that pose significant risk to asset allocation according to a new report from BNY Mellon Investment Management and CREATE-Research. The report found...
Nest is broadening the range of assets within its target date default funds with an investment of up to £500m in illiquid private credit and has applied to the FCA to create...
More than one in four pension trustees and managers said a lack of products made it difficult to implement investment policies which take account of environmental, social and governance (ESG) factor, according...
Millions of pension savers could be missing out on up to £10,000 each, because their providers have the incorrect retirement age. Many people are in schemes which were set up when the...
A lack of engagement on pensions, poor scheme governance, and having multiple pensions pots may have as detrimental effect on retirement outcomes as high and opaque charging structures, according to a new...
The Pensions Regulator will prosecute the director of a professional trustee firm for failing to provide adequate information regarding 16 different pension schemes. Michael Woolley is both a director and shareholder in Southbank...
Nest, Smart Pension, The People’s Pension and Universities Superannuation Scheme have all publicly backed the Cost Transparency Initiative as a means for improving costs and charges measurement. The four master trust providers...
The fierce debate about the issues of pension transfers from defined benefit schemes shows no sign of abating. There is general agreement that problems emerged in the wake of the pension freedoms, launched...
XPS Pensions Group has promoted Ben Gold to the role of head of investment. The previous head of investment Patrick McCoy has been promoted to the new role of head of advisory...
