First Actuarial’s Redress Tracker shows that firms advising on defined benefit (DB) pension transfers now face lower compensation costs, typically under 5 per cent of the transfer value. The new tool is...
Torsten Bell, recently appointed to the role of pensions minister, is charged with delivering material improvements to the retirement prospects of millions of UK citizens. He could also support the financial wellbeing...
Canada Life has named Chris Morgan as head of product and proposition strategy for its protection business. He brings 15 years of experience in group protection and employee benefits, has led marketing...
Nest is buying a 10 per cent stake in the holding company of Australian private markets manager IFM, the fourth largest infrastructure manager in the world. It has not disclosed the fee...
Financial firms risk losing relevance as consumers increasingly turn to AI for financial guidance, industry leaders warn. At a Moneyhub webinar, experts warn that while AI is commonly used for back-office efficiencies,...
One of the most contentious parts of the new value for money framework is the proposed ‘traffic light’ test — which requires schemes to give themselves a red, amber or green (RAG)...
The new Value for Money (VFM) assessments look set to significantly reshape the DC industry — but do these proposals go far enough? This was one of the key issues under debate...
Tom Higham, head of engagement, Mercer Master Trust The concept of value has been widely discussed in the industry, with it seemingly subjective from provider to provider. Recognising this The Pensions Regulator,...
IFA firms are focusing on acquisitions while approaching mergers with more caution as data shows 9 per cent of Independent Financial Adviser (IFA) firms have acquired other businesses since December 2024, while...
The average worker expects to retire with an income of £48,868 but is likely to fall short by around £12,000, according to Royal London. According to a survey of 4,000 people who...
