Investment

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...

Aviva has launched workplace pension default investment strategy that incorporates ethical and ESG (environmental, social and governance) considerations, based solely on its Stewardship funds. Called the ‘Stewardship lifestyle strategy’, the strategy has...

The Money and Pensions Service has appointed Angela Pober as implementation director of the Pensions Dashboard Industry Delivery Group. In this new role Pober will lead the implementation executive of the IDG,...

Radical change, at least within the financial services sector, tends to happen slowly, and is often the response to external pressure being applied elsewhere.  This is particularly true when it comes to the...