These changes, which will be implemented over the next 18 months, follow the integration of BlackRock’s defined contribution business in July. Aegon says the improvements to TargetPlan (the BlackRock proposition) will focus...
The majority of pension trustees will now be compelled to consider environmental, social and governance factors as part of their investment process. These updated regulations were published by the Department of Work...
The Pension Superfund has confirmed that co-founder Luke Webster will become the new chief executive, following the recent departure of a number of senior executives. The defined benefit consolidator recently announced that...
This regulator’s latest retirement income bulletin shows average withdrawal rates have risen from 4.7 per cent to 5.9 per cent over between 2016/17 and 2017/18. This has prompted fears that some pension...
New FCA data shows pensions savers have missed out on an estimated £3bn since the introduction of pension freedom rules, by failing to take up guaranteed annuities. This data suggests that nearly...
These comments come in response to the FCA-proposed remedies to improve retirement outcomes in the UK. The investment pathway is one of the first solutions to be proposed by the FCA to...
The report says there are issues with the transparency of costs and charges in contract-based and master trust schemes, particularly where there is a commercial link between asset manager and provider. It says...
The provider is calling on asset managers to work with it to develop innovative new ways to bring private credit investment to DC savers at an affordable price. Nest says the traditional...
The first of several products to be rolled out is a workplace Isa which comes with an institutionally-priced charge of 0.4 per cent a year for platform charges. Neyber says this is...
The study found investors more focused on sustainability were markedly more confident in achieving their return expectations, with 59 per cent at least reasonably confident of meeting their expectations, compared to 37...
