Pensions

The Government is “complacent” about cost transparency failings in pensions industry and funds should be obliged to disclose costs in a uniform template, according to a report from the Work and Pensions...

The Personal Finance Society (PFS) has warned that the FCA’s pension transfer advice cost template, set out in Annex 1 of its consultation, could mislead consumers. As part of its consultation paper...

Retirement savings products should facilitate penalty-free saving for a house deposit as well as pension says the Association of Consulting Actuaries (ACA). Writing its response to the FCA Discussion paper on Intergenerational...

The Financial Conduct Authority (FCA) has set out plans to ban advisers charging based on a positive recommendation to transfer out of a defined benefit scheme. The decision to prohibit ‘contingent charging’ comes in...

The FCA has published final rules, guidance and feedback on the Retirement Outcomes Review consultation CP19/5, requiring drawdown providers to offer non-advised customers investment pathways. The new rules and guidance come into...

Corporate Adviser’s Master Trust & GPP Defaults report has prompted a written parliamentary question, with Labour’s Angela Eagle MP asking the government whether it plans to water down the pension charge cap. The...

A row has broken out between Now: Pension, PensionBee and Smart Pension over which offers best value following the publication of a Now charges index showing its charges less than half the...

Aviva has seen a 50 per cent increase in enquiries from unbundled workplace pension schemes considering moving to a bundled provider. The provider says that unbundled to bundled enquiries are up by...

A report by Thomsons has found that 70 per cent of organisations surveyed have upskilled existing HR team members to develop people analytics teams, while 23 per cent have hired in external...

The FCA has today fined Standard Life Assurance Limited (SLAL) £30,792,500 for failures related to non-advised sales of annuities that saw a fifth of call handlers more than double their pay through...