The FSA lacks experience and is failing to appreciate the similarities between IFA commissions and employee benefit consultant fees, advisers have warned.With just weeks until the FSA reports back on responses to...
Proposals to introduce target date funds as a personal accounts default strategy prove a far greater challenge than originally anticipated, delegates at the Corporate Adviser DC Summit heard.Initially touted by the Personal...
Steve Herbert, head of benefits strategy, OrigenNO, I would not expect to see many employers communicating the issues of auto-enrolment in any other than a positive way. Few employers will actively want...
The recession has had an impact on all of us on one way or another. Many feel worse off than they did 5 years ago, whilst others are making more of a...
Neil Davies, Head of Corporate Marketing at AEGON Scottish Equitable, talks about the importance of strong investment governance for DC schemesWith the recent economic uncertainty, the importance of selecting the right funds...
Firstly and closest to home, the retail distribution review (RDR) may be still a discussion paper, but it is likely to heap greater responsibility onto advisers.These include higher minimum qualifications (QCF level...
The future of the personal accounts project has never been in greater doubt than now. Whether that is a good or bad thing depends on how much of a competitor the state-sponsored...
The impact of the recession is arguably most notably reflected in the proposals to freeze civil servants’ pay and curb bankers’ bonuses. Closer to home we have seen changes to pension tax...
Martin Palmer Head of Corporate Pensions Marketing, Friends ProvidentThe alarm being raised over pensions is only half the story about the state of the nation’s savings. It is estimated that nearly 5.3m...
Over the past couple of months I have been involved in an increasing number of conversations with advisers who are questioning their ability to provide advice to individuals based on an income...
