Aegon’s offer of a payment to employers equal to half their first three months’ auto-enrolment contributions is certainly an innovative way to combat the restrictions on distribution created by the Retail Distribution...
Strauss said: “The FSA may have gone beyond its remit in setting out their guidance but it has Treasury backing, so I expect it is here to stay unless someone takes them...
LCP principal, Andrew Cheseldine, questioned McClymont on how advisers can disclose costs right down to total portfolio turnover charges, when these were different for every fund and depended on the level of...
The comments came as part of a wide-ranging debate on “The Changing Shape of Distribution”, in which panel members discussed consultancy charging and how advisers can formulate an RDR compliant remuneration strategy.Aegon’s...
He said pensions minister Steve Webb’s claim to be ‘watching charges like a hawk’ was an empty statement because it was nearly impossible to compare scheme charges when there is no comprehensive...
“The definition of a developed market is annual income per head of $15,000. Hundreds of millions of people in China are already reaching this level,” he said.In a whistle stop overview of...
Describing it as a “red hot burning issue,” Burton said although the FSA had sanctioned consultancy charging, its effect on contribution levels was up to TPR. The issue was whether it was...
In a panel debate on investment strategies for DC schemes, Henry Cobbe, BirthStar executive director, said target date and DGFs could provide the rotation, diversification and flexibility needed in default funds. But...
For a quarter of a century equities served investors well. From the mid-Seventies until the tech bubble burst any pension scheme linked to equities would have enjoyed an unbroken run of gains...
As the first employers’ staging dates strike, the reform of Britain’s pensions system is finally moving from the theoretical to the practical. It may be some years before a clear picture of...
