The Financial Conduct Authority has announced it will take further action after finding a “concerning” number of advisers recommending transfers out of defined benefit pension schemes. In some cases it said firms...
Aegon has promoted Linda Whorlow to the new role of managing director of its workplace business. In this role she will be responsible for developing strategy and leading the sales and distribution...
The Pensions and Lifetime Savings Association (PLSA) has published a new guide for trustees to ensure schemes comply with new environmental, social and governance (ESG) requirements coming into force at the start of...
Jesal Mistry is joining Legal & General Investment Management as business development director. Mistry joins from Hymans Robertson, where he was head of DC scheme design and provider evaluation. Prior to this Mistry...
Companies want to increase employee engagement with benefit programmes, but the majority are spending less than £5,000 a year on related communications. Aon’s annual benefits and trends survey found that 98 per...
Nest, the UK’s largest master trust pension, has confirmed it will disinvest from all tobacco stocks over the next two years. It currently has a £40m exposure to this industry through its...
The Pensions Regulator (TPR) is pressing hundreds of single-trust pension schemes to demonstrate they have reviewed the strategy and performance of their default pension schemes. TPR has contacted trustees of hundreds of...
The Transparency Task Force has appointed Bobby Riddaway as its new ambassador. Riddaway is current a senior investment consultant at Capital Employee Solutions. In his new role he will be working with...
More than seven out of 10 DC scheme members want to see responsible or ethical investment strategies within their default fund, according to new research. The survey, by Invesco Perpetual, found that...
Employers need to do more to educate workers about their pension benefits in order to tackle problems of under-saving for retirement. Wealth at work, a specialist provider of financial guidance in the...
