Pensions

Defending the abolition of commission, the FSA has rejected arguments that consultancy charging will lead smaller employers to level down to Nest. In policy statement 10/10, responding to the issue, the FSA...

Publishing the final rules for GPPs the FSA has also confirmed that, as expected, the ban on commission on new schemes will remain.The permission to pay commission indefinitely on existing schemes has...

That figure, cited in the FSA’s policy statement 10/10, published today, is considerably higher than those considered acceptable to savers by many industry experts.The FSA policy statement says: “Respondents quoted commission rates...

Chief executive Alex Wynaendts says the UK business will cut costs by 25 per cent but will target what it describes as the growth market segments of at retirement and workplace savings....

The insurer has described the reports as ‘pure speculation’ and says that its future strategy will be set out in full at an analyst and investor conference tomorrow morning at 8am.The press...

More than two-thirds, 68 per cent of survey participants, rated “limited member understanding” as one of the greatest challenges currently faced by DC plans, and nearly 90 per cent want to improve...

In research carried out for Johnson Fleming, only 12.3 per cent of employees had used their pension website and only 0.7 per cent felt that method of communication was the most beneficial...

An EU green paper due to be published on 23 June will consult on an EU-wide equivalent of the Pension Protection Fund that would not only assist members of schemes that become...

We are standing at the beginning of what feels like a crucial 18 months for corporate wrap. In the past we have seen launches delayed, delivery dates slip by barely noticed and...

Most employers will be slow to adopt new wrap platforms, despite the race between industry providers to get their offerings out to market, according to delegates at the Corporate Wrap Forum hosted...