Scottish Widows is appointing former chief executive of The Pensions Regulator, Charles Counsell OBE, to the Independent Governance Committee (IGC) of its contract-based workplace pension offering. Counsel is a former Chief Executive...
Retiring DC savers are overwhelming opting for full cash withdrawals — with almost all members taking this route with several of the largest auto-enrolment providers, including Now: Pensions, Cushon and The People’s...
Nest has partnered with BlackRock and will use its Aladdin platform to manage the risk of its investment strategy. This platform will allow Nest to monitor more than 3,000 risk factors across...
The Principles for Responsible Investment (PRI), the UN responsible investment body, has launched a consultation on its ‘Progression Pathways’ initiative that gives signatories a step-by-step journey towards better practices. The PRI proposes...
Charges across most types of large pension schemes fell between 2022 and 2023, with bundled own-trust, unbundled own-trust and master trusts charges all falling, according to research from Barnett Waddingham. A report...
Regulatory and economic pressures will result in further master trust consolidation, which could see even some of the larger traditional providers effectively leaving the market. This was the stark view of LCP...
Retirement saving policy has been significantly elevated on the political agenda again, following the Chancellor’s Mansion House speech in July. Testament to that was the launch of 10 separate pensions papers from...
Across the defined contribution pension market, over 12 million deferred pension pots worth less than £1,000 are no longer being paid into. These small-value pension pots are said to total £4bn...
It has been a case of back to something like normal for defined contribution default fund pension performance in the year to 30 June 2023, with all schemes registering positive returns, and...
The advice and guidance boundary review remains a political and regulatory priority, with both the Treasury and the Financial Conduct Authority working on the project. The current review is part of the...
