The FCA has fined Prudential over £23m for failures relating to non-advised annuities sales by its direct sales force which was incentivised through big bonuses and spa breaks. It has been forced...
Environmental, social and governance issues are moving up the agenda for pension trustees, advisers, providers and asset managers - driven by a host of legal and regulatory changes. Debating key ESG issues...
The People’s Pension will invest in a new “adaptive cap” index, designed to limit investment in the world’s largest companies. In most market capitalisation weighted indices, much of the invested money can...
The Money and Pensions Service has set up a pensions dashboard steering group, which will focus on the practicalities of how consumers can access this technology. Ten people have been appointed to...
Now: Pensions, the master trust that was beset with administration problems that saw it fail to collect £18m of contributions, has received authorisation from The Pensions Regulator today. Scottish Widows Master Trust...
ShareAction, the environmental campaign group, has launched a new digital platform to educate and engage pension savers as to how their retirement savings are invested. One of the key aims fo this...
Royal London has confirmed that Barry O’Dwyer will take over from Phil Loney as chief executive of the life insurer at the end of this year. Loney had already announced that he...
Almost one in two savers (42 per cent) are worried that their pension funds will fall as a result of Brexit, according to new research. In contrast just 4 per cent of...
The world’s fifth largest pension fund, Dutch-based ABP, increased its fossil fuel investments last year, according to research from environmental activists. Analysis by four NGOs — including Greenpeace Netherlands and German NGO...
Mifid II changes to disclosure and funding of research through bundled commissions have already saved UK equity investors £70m in 6 months and will ultimately save them £1bn over five years, the...
