CHARGES and poorer fund management are costing UK pension investors half their retirement income, according to a new report by RSA.Management charges are swallowing 40 per cent of the value of pension...
THOMSONS Online Benefits has seen its revenue grow to £22m a year in the decade since it was founded by Michael Whitfield and Chris Bruce.Speaking on the 10th anniversary of the company’s...
Webb: Assured civil service pensioners THE GOVERNMENT has pulled back from a plan to introduce an override that would allow schemes with RPI hard-wired into their terms and conditions to replace the...
Cole: “The redress package is significant news” THE FINANCIAL Services Authority has fined Scottish Equitable £2.8m for causing significant consumer detriment through poor administrative procedures.Scottish Equitable, which now trades under the Aegon...
UK INVESTORS are losing an average of 1.2 percentage points a year because of market timing errors, according to new research from Cass Business School.The study, which was compiled by Andrew Clare...
JLT Benefit Solutions has teamed up with Scottish Widows to launch a GPP offering it says will make the type of services only usually enjoyed by larger DC arrangements available to smaller...
Aviva is offering total reward statements alongside group personal pensions through a tie-up with Staffcare.Statements will carry individual companies’ branding and give staff a personal statement of their benefits package including salary,...
Only one in four people are saving for retirement, but more would if pensions offered guaranteed returns, according to research from Defaqto.The research shows only 40 per cent are actually saving for...
The Treasury Select Committee’s consultation into the Retail Distribution Review could lead to significant changes into the way it is implemented in the group arena say advisers.Michael Whitfield, chief executive of Thomsons...
Legal & General has unveiled two new initiatives to facilitate auto-enrolment into trust-based schemes in a way that is compliant with the requirements published by the government on 27 October last year.Its...
