Only one in 20 pension schemes expect to be able to provide dashboard data for all their members by the upcoming ‘connection’ date. The survey by Willis Towers Watson, shows that 150...
The Department of Work and Pensions has rejected calls from MPs to draw up a timetable imminently to increase minimum AE pension contributions from both employees and employers. The influential Work and...
The new defined benefit funding code could land employers with a bill of £34bn, according to the regulator's own estimates. Pension consultants LCP points out that these “official figures” are contained in...
Hargreaves Lansdown will use Origo's 'full service' proposition to enable it to connect to the pensions dashboard and respond to data requests from consumers. Origo says its dashboard connector has designed to...
Pension consolidators who set up their own dashboards will be in prime position to benefit from the anticipated ‘dash for DC cash’ according to LCP partner Steve Webb. Webb, who is a...
The Financial Conduct Authority is clamping down on rogue investment promotions with proposed tougher new advertising rules. These rules, which it is currently consulting on, ai to make it harder for financial...
More than 1,000 members of the British Steel Pension Scheme (BSPS) will receive compensation of £49m after being mis-advised to transfer out of the defined benefit scheme. The Financial Conduct Authority confirmed...
The Association of British Insurers aims to “transform the sector” with its new diversity, equity and inclusion blueprint, which it hopes will help attract people into the industry from a far wider...
Cardano Advisory has launched new artificial intelligence technology that should help change the way covenant assessments are provided to smaller pension schemes. The technology, called Discover, utilises Cardano’s database of historical covenant...
The number of savers breaching their lifetime allowances appears to have fallen over the past year according to the latest HMRC data. In response to a freedom of information request, HMRC revelled...
