Depriving small pension providers of their human right to enjoy their business, interference with fiduciary duty and mandation of investments are all significant interventions for Government to make in the UK economy,...
For global investors, portfolios embed two distinct return drivers: the performance of the underlying assets and the translation of those returns back into base currency. While the former is usually deliberate, the...
Value for money (VfM) is under the spotlight again. The FCA has published an updated consultation on the new framework for contract-based DC schemes, with equivalent rules being established for trust schemes...
The Financial Conduct Authority is proposing to simplify rules on personalised advice, potentially expanding access for consumers while reducing complexity for firms. Nikhil Rathi, chief executive of the FCA, also confirmed in...
More than £135 million in pension savings has been consolidated through Mylo, as digital tools help UK savers reconnect with lost pots. The app, backed by Aegon, has enabled over 11,000 pension...
The House of Lords has voted to remove the power to mandate the asset allocation of pension schemes from the Pension Schemes Bill. The bill will now return to the Commons for...
Mercer has agreed to acquire AltamarCAM, a private markets asset manager and solutions provider with €20 billion in assets under management, which will now become part of Mercer’s private markets business. The...
Lay trustee and sponsoring companies overwhelmingly value the support offered by professional trustees when it comes to strengthening scheme governance, guiding decisions making and navigating an increasingly complex regulatory landscape. Barnett Waddingham’s...
The latest consultation on a new value for money (VFM) framework marks a significant step forward for the industry. There is much to welcome in the direction of travel: a forward-looking approach...
Up to 70 per cent of people who try to switch investments ultimately abandon the process, leaving millions potentially stuck in underperforming or higher-cost products, according to a report by the Fair...
