The Financial Services Authority is consulting on whether pension providers should implement stronger ‘nudges’ to encourage savers to make an appointment with Pension Wise. Pension Wise is a free guidance service providing...
The Pensions Administration Standards Association (PASA) has launched a new DC transfer working group. This new group will aim to drive up standards in this area and will cover pension transfers between...
The Pensions Regulator and Pension Protection Fund are proposing changes to the way DB schemes submit information annually on their investment strategy and assets held. The two bodies are proposing a new...
There is growing support among employers and pension professionals for new collective defined contribution (CDC) schemes. Research by Aon found that almost four out 10 (38 per cent) of employers would consider a...
The industry has called for further clarity around the Pensions Regulator’s new prosecution policy. TPR is consulting on its policy for investigating and prosecuting the new criminal offences which were included in...
Employee benefits and pension consultants Broadstone Group has acquired Quattro Pensions to support its growth in the occupational pension schemes market. Midlands-based Quattro Pensions has been providing actuarial and scheme administration services...
JP Morgan is considering leaving the UK and relocating in continental Europe as a result of Brexit. In a letter to shareholders, Jamie Dimon, the chairman and chief executive of JPMorgan Chase...
The trustees of several major UK DB pension schemes have demanded a judicial review of government plans to replace the Retail Prices Index (RPI) with housing cost-based Consumer Prices Index (CPIH) as...
Could affordable financial advice be the next essential ‘added-value’ service offered as part of a comprehensive employee benefit package? This was one of the central issues discussed as part of a wide-ranging...
The industry’s fear of taking responsibility for financial advice is leaving employees taking non-advised guidance journeys that are often leading them to the wrong destination. This was the subject of debate at...
