Pension savers in defined benefit schemes could lose up to 20 per cent of their income, if government reforms to the way inflation is calculated go ahead. This stark warning comes from...
Mattioli Woods has helped clients recover almost £10m of funds that had been lost to Stadia Trustees. The wealth manager and employee benefits adviser had been working with the Financial Services Compensation...
Fraudsters have raked in around £4m in by ‘cloning’ existing investment products, and persuading investors to buy them. The Investment Association has seen 300 incidences of this fraud to date. It warned...
The economic fallout of Covid-19 could cause serious problems for unbundled DC schemes, thanks to a lack of regulation. Salvus Master trust has warned of a “ticking time bomb” in the sector,...
The Covid crisis has led to an increase the number pension savers concerned about the security of DB workplace pension schemes. Wealth manager Killik & Co has reported a significant jump in...
Vanguard’s head of pensions, Andrew Marker, will replace Tom McPhail as chair of the Star Steering Group, which aims to improve standards on pension transfers. The steering group is made up of...
The Financial Conduct Authority has launched a consultation on improving value for money on contract-based workplace pensions. These proposals aim to make it easier for Independent Governance Committees (IGCs) and Governance Advisory...
The head of the London Stock Exchange has been appointed as the new chief executive of the Financial Conduct Authority. Nikhil Rathi has been appointed for a five year term and will...
Babylon Health, the virtual GP service used by a number of health insurance providers, has admitted it has suffered a data breach. The breach was identified after a user, who was a...
The number of Covid-19 scams is rising, with losses arising from these frauds now topping £5m. The latest figures from Action Fraud show that there have been over 2,000 cases reported since...
