Regulation

The Financial Conduct Authority as set out more proposals for a new stock exchange trading holdings in private companies.  It is now consulting on the potential risk warnings that it needs to...

The Financial Conduct Authority has imposed fines of more than £500,000 on two advisers, and banned them from working in financial services, after they offered flawed advice on DB transfers. As a...

The Pension Protection Fund is looking to reduce its annual levy to zero, reflecting the improved funding position of many defined benefit schemes.  In total the PPF now has reserves of more...

The DC workplace industry has welcomed FCA proposals to introduced targeted support for pensions as a ‘third way’ option between full-fat advice and more generalised guidance. Standard Life retirement savings director Mike...

Pension firms will be able to offer targeted support, offering products or bespoke suggestions to specific cohorts of consumers, under new proposals outlined by the Financial Conduct Authority.  These proposals are the...

Leading professional trustee firms have formed a new Trustee Sustainability Working Group (TSWG). The group seeks to improve stewardship practices across the industry, through engagement with fund managers and investee companies, while...

Hymans Robertson has joined the  Better Business Act coalition — an organisation aiming to promote higher corporate standards across the UK. The business-led group, driven by B Lab UK, consists of almost...

Standard Life is the first pension provider to ensure its default investment aligns with the regulator’s new sustainable fund labelling scheme. The FCA Sustainability Disclosure Requirements (SDR) offer four distinct labels —...

Corporate advisers have always advised on switching pension schemes — with cost, poor service, fund choice or better support with engagement typically driving these decisions.  But switching activity remains relatively low. As...

DB transfer values have fallen to their lowest level for a year, according to data from XPS Group.  The group transfer value index fell by almost 2 per cent during October this year,...