Crisis management
Legislation, regulation, consolidation. It is all change, as usual in the corporate intermediary space. The changes that we do know about are breathtaking enough. But there are some calling for this moment...
Pensions
Active member discounts in sights of BIS probe
Buchanan: “There is a very heavy duty of disclosure when an employee moves from a scheme” THE CASE against active member discounts has been strengthened by the inclusion of unexpected revision charges...
Regulator strengthens guidance on transfer incentives
A STRENGTHENED position on transfer incentives has been outlined in guidance published for consultation by The Pensions Regulator.The guidance clarifies the role of the employer and trustee and aims to ensure that...
Dwindling pension pots support age review
THE CONSISTENT decline in achievable pension income supports the government’s moves to increase retirement age, says Aon. Yet the increases in retirement age proposed so far will still leave people receiving pensions...
FSCS pays out £204m
The Financial Services Compensation Scheme paid more than £204m in compensation to over 21,000 claimants in 2009/10.Two-thirds of the compensation paid during the year was for Payment Protection Insurance and investment claims....
Aegon UK signs new deal with technology provider GBST
Aegon UK has signed a deal with GBST, a global provider of technology solutions for the implementation of its Composer solution, to support some of its existing products and future propositions as...
Vanguard targets TDF launch in UK
US FUND management giant Vanguard is planning to launch a target date fund offering for use as a default fund in the UK corporate DC market some time in early 2011.The product,...
Annuity reform – size is everything for Minimum Income Requirement
RETIREES wanting to take advantage of the Government’s proposed annuity reforms could need a £300,000 pension pot to do so.The proposals, now under consultation, would allow future pensioners to seek better investment...
Plug in to charge
The end of June was a busy time for announcements on the future of corporate pensions. On 24th June, the DWP announced a review of Nest and auto-enrolment, which could have significant...
Road map to better data
Anyone who has been closely involved with preparing for RDR in the individual market will be far from surprised by the FSA’s views on consultant charging. Entirely worthy objectives appear to be...
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Pensions are ‘safe’ and ‘interesting’: Bell in Mandelson files
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WTW launches AI workforce solution to boost productivity
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Three million people could cut back on retirement savings due to salary sacrifice changes
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DWP clears way for transfer without member consent in CDC
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One in eight young people believe retirement is out of reach: People’s Pension
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Standard Life appoints first trustee apprentice to Master Trust Board
