Former pension minister Baroness Altmann has described the FCA’s overhaul of the Financial Services Register as a “scammer’s charter”, accusing it of diminishing consumer protection and making it harder for trustees to...
The new Pension Schemes Bill will be published today, after being introduced to the House of Lords yesterday. This bill — which was included in the recent Queen’s Speech — contains legislation...
Almost nine out of 10 employers are set to review their pension provider this year, according to new research. The research by Smarterly found that more than one in two employers(54 per...
The Chancellor, Sajid Javid has confirmed his first Budget will be held on March 11 this year. It is widely expected that this will contain proposals to reform the current pension system,...
Mercer has appointed Malcolm Reynolds as its UK head of pension administration. Reynolds moves from JLT, which was recently acquired by Mercer’s parent company Marsh & McLennan. Reynolds has been with JLT...
PIB Group has acquired Sanlam Wealth Planning UK’s employee benefit division. This department and its client book will transfer with immediate effect, and will now trade under the PIB Employee Benefits brand....
Nest has confirmed its new subsidiary, Nest Invest has received authorisation as an Occupational Pension Scheme. Nest’s chief investment officer Mark Fawcett says: “The Financial Conduct Authority has reviewed our application and...
Nest has emerged as the leading responsible investment master trust in a review of ESG policies conducted by ShareAction. The responsible investment pressure group classified Nest as ‘leading’ in ESG, having changed...
Three out of four people have no idea where their pension is invested, while nine out of 10 did not know what a ‘default’ fund is, according to new research. This is...
Master trust default schemes continue to enjoy positive returns across the different stages of the glidepath, according to the latest report from Hymans Robertson. Its third annual master trust default report details...
