The Financial Conduct Authority has announced it will take further action after finding a “concerning” number of advisers recommending transfers out of defined benefit pension schemes. In some cases it said firms...
The Chartered Insurance Institute is calling for insurers to tackle gender bias within their artificial intelligence (AI) algorithms. Many insurers now use this AI technology within their claims, underwriting and marketing processes. However...
The Pension Scams Industry Group has published a revised code of good practice for trustees, providers and administrators in a bid to combat this growing problem. This new set of voluntary guidelines...
Ascot Lloyd is the latest master trust provider to confirm that it is exiting the sector. The provider confirmed that it will be winding down the scheme. It said trustees are at...
The new Cost Transparency Initiative - designed to make it easier for pension schemes to compare fund charges - has launched its first set of machine-readable standardised cost templates. These new templates...
The Pension Regulator has announced a new crackdown on employers who are flouting their auto enrolment pension duties. Those suspected of breaking the law will be targeted with short notice inspections. TPR...
Fiduciary managers have failed to deliver returns for pension schemes over the past year, in what has proved to be difficult market conditions, according to a new report. In a new report...
The Pension Advice Taskforce has launched a new voluntary code of practice for financial advisers looking to transfer DB pensions. This Gold Standard code is based around a set of nine principles,...
Thirty master trusts have submitted authorisation applications to The Pensions Regulator, while a further 10 have been granted a short extension, and are expected to submit applications in the coming weeks. The...
The idea of a Government- sponsored web-based pension planning tool has been around for quite some time. Back in the early noughties Labour’s DWP secretary of state Andrew Smith outlined an online planner,...
