The Financial Conduct Authority (FCA) has determined that investment pathways introduced in February 2021 for consumers entering drawdown without taking advice are "working as intended” but more needs to be done to...
There are a ‘worryingly low’ proportion of trustees engaging with guidance on pensions, according to the government, which launched a call for evidence today on the best way to drive up standards...
Nest looks set to deliver a wider range of decumulaton options for members after receiving government and industry backing for this course of action. This follows a DWP call for evidence on...
The Department for Work & Pensions (DWP), Financial Conduct Authority (FCA), and The Pensions Regulator published the Value for Money (VfM) framework published today - the first industry-wide regulations that will apply...
The Department of Work and Pension has confirmed that pension pots of less than £1,000 will be rolled into a ‘consolidation vehicle’ in a bid to tackle the proliferation of small deferred...
Are your clients looking to build both a financial and employee wellbeing strategy into their business? Combining the two can be a more effective way of delivering a holistic benefits package. Employee...
Chancellor Jeremy Hunt has warned that underperforming DC pension schemes face being closed down by regulators, in a move that will see the UK workplace pension landscape emulate that in Australia. In...
Major pension providers have announced that they will sign the Mansion House compact agreement following Chancellor Jeremy Hunt's speech which outlined measures to boost investment into UK businesses. Aegon, Mercer and Smart...
Penfold has launched the Penfold Platform with the goal of assisting accountants in shortening the time it takes to handle pensions and optimising workdays. Penfold says the platform's primary focus is to...
The Mansion House 'compact' will be unveiled this evening by Chancellor Jeremy Hunt, outlining an agreement with a number of leading UK defined contribution schemes that will see them invest £50bn of...
