US President Joe Biden has instructed officials to investigate the drafting of executive orders that could reverse a former President Trump law restricting the extent to which pension investors can invest in...
20-20 Trustees has unveiled three new hires, continuing their expansion in the professional trustee sector. Kate Leigh joins as trustee director, David Whitbread joins as associate director and Shay Owode joins as...
Aegon UK is introducing a 30 per cent ESG portion to its workplace default funds as part of its net zero carbon transition strategy. The provider is partnering with HSBC Global Asset...
The Government has confirmed that it will keep the auto-enrolment earnings threshold at £10,000 and will not remove the lower earnings limit at this stage. It says this represents a real terms...
By December this year more than 9 million Britons had to borrow more than they normally do while at the same time credit card balances actually fell by 14.7 per cent in...
Mercer has appointed Ashok Gupta, the former chair of AA Insurance Services and Skandia UK and a founding director of the Phoenix Group as chair of its UK board. He replaces Jane Barker,...
The Pension Schemes Bill passed through Parliament today but may not come fully into effect until well into 2022, say industry experts. The final Parliamentary stage of the Pension Schemes Bill was...
The FCA will review the advice of 254 firms that gave advice to British Steel pension scheme members, as it reveals figures showing a declining number of transfers taking place and fewer...
Just 1 per cent of DB transfers end up being moved to workplace pensions, despite the FCA now requiring advisers to benchmark funds’ proposed destination against a low-cost workplace pension option. The...
Cushon has launched what it describes as the world’s first net zero pension, using carbon offsetting to offset what it calculates are 23 tonnes a year of CO2 generated by the typical...
