Fidelity International’s FutureWise default has now surpassed the £25bn in assets under management - the ‘megafund’ target required under the Pensions Schemes Act FutureWise, the default for Fidelity’s DC workplace pension scheme,...
The Pensions Regulator (TPR) has warned trustees and scheme managers they need to act now to ensure the safe and responsible use of AI across the workplace pension sector. This is TPR's...
Corporate advisers and EBCs have until the end of this week to respond to the consultation on simplifying pensions and investment advice rules. This is in response to proposals put forward by...
The Pensions Commission has called for “a renewed national settlement on pensions” as its publishes its interim report on the state of retirement saving in the UK. This report identified significant issues...
The Financial Conduct Authority (FCA) and the Bank of England have outlined joint plans for the development of tokenisation in UK wholesale financial markets. This is being presented as a long-term vision...
The Financial Conduct Authority has fined pension adviser Frank Breuer £755,000 for serious misconduct and banned him from working in financial services. Problems arose over the poor advice given on DB transfers...
HMRC is giving pension schemes insufficient time to prepare for changes which will bring pensions into the inheritance tax net next year, according to consultants LCP. Their stark warning comes as HMRC...
Smaller pension schemes are lagging on climate action when compared to larger counterparts, according to new research from XPS Group. It found almost nine out of 10 of larger schemes had “credible”...
Department heads at the Financial Conduct Authority have pledged to be more dynamic in speaking with the investment industry and cease the practice of “sporadic communications”. The comments were made at an...
Nearly 15 years ago, I wrote my first article for the pensions press. I was surprised, and my Mum was delighted that it made the front page. The article was about the...
