Fund managers will be required to have two independent directors, comprising at least 25 per cent of the total board membership under the new rules. Responding to a consultation on new rules...
The merger was project managed by JLT Employee Benefits (JLT) and brings in over £5m a year in annual contributions to The People’s Pension, rising to over £10m following next week’s mandatory...
Willis has the biggest gap across the consultancies ranked by Corporate Adviser, with a 39.8 per cent gap, although Towers Watson, the legal entity that contains the human capital and benefits business,...
Widows says the new product suite will enable it to compete for the very largest schemes, as well as enabling intermediaries to build bespoke client investments or offer ready-made solutions for a...
TPR is prosecuting national recruitment firm Workchain Ltd, as well as its directors and some of its senior staff on the suspicion that they illegally opted employees out of their pension scheme....
The regulator’s investigation into life offices and Sipp providers has found that investors accessing pension freedoms are not fully engaged with the risks of drawdown, particularly when accessing the pension commencement lump...
The code, which is out for consultation until May 8, outlines how master trusts will be expected to meet the new authorisation criteria and what they will need to evidence for TPR...
Figures from the joint FCA and the Pensions Regulator paper Regulating the pensions and retirement income sector : Our strategic approach show that on average, people using drawdown are taking an annual income of...
Companies with more than 250 employees have until April 4th to publish their gender pay data or face fines, yet 5,000 organisations are yet to do so. Women at Towers Watson made...
Publishing new rules on pension transfer advice, the FCA has launched a consultation seeking views on additional changes, including adviser charging structures. In June 2017, the FCA proposed changes to the rules...
