There is a huge variation in the construction and performance of leading default funds, according to the latest pensions report from Punter Southall Aspire. Its third annual DC Default Fund report looks...
Never in the field of personal finance was so much owed to so many by so few. It’s not quite Winston Churchill, nor the Second World War, but the spectacular implosion of...
The Aon MasterTrust has received authorisation from The Pensions Regulator, making it the 13thprovider to receive authorisation. The master trust is expected to appear on The Pensions Regulator’s list of approved master...
The Government is “complacent” about cost transparency failings in pensions industry and funds should be obliged to disclose costs in a uniform template, according to a report from the Work and Pensions...
The FCA has published final rules, guidance and feedback on the Retirement Outcomes Review consultation CP19/5, requiring drawdown providers to offer non-advised customers investment pathways. The new rules and guidance come into...
Aegon is critical of FCA plans to extend the role of IGCs in relation to the new investment pathways. The pension provider says it does not think IGCs should have an “executive” role...
By the time they reach their 60s women’s pension wealth is less than a third of men’s - making them more than £100,000 worse off in retirement, according to new figures. The...
Almost half of UK employees expect to work beyond the age of 65, but it is fear of declining health, rather than a lack of funds that is keeping them in the...
Consultancy and administration firm Buck has launched a new digital assessment app for DB schemes trustees and company sponsors. This application will give access to a range of information on how a...
The income gap between the wealthiest and poorest pension is growing, with those in the top pension income band now having an average weekly income of almost £1,000. The latest government figures...
