Restricted advisers are levying initial charges averaging 3.57 per cent, around 20 per cent higher than the 2.81 per cent charged by independent advisers, research from the FCA shows. Publishing its Financial...
The prospect of a pan-European Union pension product has moved a step closer with the publication today of a European Commission proposal for a cross-border product structure. The proposed Pan-European Personal Pension...
A culture of negative judgement around sickness absence risks reducing productivity and increasing time off warns Willis Towers Watson. New research from the consultancy shows 51 per cent of UK workings think...
Auto-enrolment contributions should be increased, the earnings qualification threshold should be lowered and the qualifying earnings should be dropped to reverse stalling pension adequacy amongst Britons says Scottish Widows. The provider’s 13th...
Fund managers will be given a duty to act in the best interests of investors, subjected to new independent governance and required to disclose a single all-in fee to investors, the FCA...
Mercer, Aon and Willis Towers Watson still face a referral to the Competition and Markets Authority (CMA) over conflicts of interest over their investment consultancy services after the FCA rejected their undertakings...
By Ross Jackson, senior protection marketing manager We’re sure you’ll have heard your customers say ‘But insurance companies don’t pay claims’ when giving a reason for not wanting to take out protection....
An employee benefits platform offering group IP, critical illness, PMI and cashplans has gone live today and has been selected to enter the FCA’s regulatory sandbox safe trial zone. Described by its...
The state pension triple lock and winter fuel payment will remain in place for the rest of the current Parliament as a concession to Democratic Unionist Party in response for its support...
The FCA's proposals for DB transfer advice are being interpreted as relaxing the rules. But the jury is out as to whether they will make transferring easier or harder At first glance...
