Before freedom and choice, the workplace pensions landscape was considerably more predictable than it is today. Employers who offered a defined benefit arrangement would pay their employees a scheme pension on their retirement....
The former head of a charity for the disabled has admitted defrauding the charity’s pension scheme out of more than £250,000. Patrick McLarry, 71, has pleaded guilty to fraud at Salisbury Crown...
The two watchdogs work jointly on the ScamSmart campaign, and warn this latest research shows “overconfidence” can lead to savers missing signs of a scam. Its figures show that despite almost two...
Collective defined contributions schemes could be opened up as an option for master trusts, if the new Pension Schemes Bill becomes law. The Department of Work and Pensions has given further details...
A Pensions Schemes Bill has been included in the Queen’s Speech today, which lays out the legislative plans for the forthcoming parliamentary session. This bill includes legislation to enable the pensions dashboard...
The Association of Consulting Actuaries (ACA) has renewed calls for the forthcoming pension bill to enable a rise to AE contributions, DB pensions to be simplified and for legislation to be included...
The financial services industry should be braced for significant regulatory change, following a general election. This was the stark warning delivered at the Corporate Adviser summit by Iain Anderson, founder of public...
Delegates at the Corporate Adviser summit were warned that the FCA could conduct a widespread pensions mis-selling review, unless there are significant improvements to the advice given on DB transfers. This stark...
The Pensions Regulator denied it has set the bar ‘too low’ after authorising 33 out of the 38 master trusts that have applied for authorisation. Speaking at the Corporate Adviser Summit, Nick...
The FCA has fined Prudential over £23m for failures relating to non-advised annuities sales by its direct sales force which was incentivised through big bonuses and spa breaks. It has been forced...
