Fund managers will be required to have two independent directors, comprising at least 25 per cent of the total board membership under the new rules. Responding to a consultation on new rules...
The code, which is out for consultation until May 8, outlines how master trusts will be expected to meet the new authorisation criteria and what they will need to evidence for TPR...
A paper published by the CMA as part of its investigation into the investment consultancy sector found that the gross product return of products that were ‘buy-rated’ by investment consultants is 0.23...
The Defined Benefit White Paper published today proposes legislation that would make it a criminal offence to commit ‘wilful or grossly reckless behaviour in relation to a pension scheme’. Labour attacked the Government...
With both The Pensions Regulator (TPR) and Financial Conduct Authority (FCA) turning the heat up on workplace pensions, the issue of value for money has never been higher up the agenda. As...
The new law comes in the wake of a series of high profile corporate collapses by companies with significant defined benefit (DB) pension scheme deficits, leaving thousands of members facing reduced benefits...
By Jamie Clark, Business Development Manager The pensions revolution is almost upon us. As with any revolution, there will be winners and losers. The winners in this case could presumably be the...
By Jamie Clark, Business Development Manager With only a few weeks to go before the new pension freedoms allow people to access their pension funds as and when they like, there are...
The Financial Conduct Authority (FCA) has started to change the way that people will be told about their pension options. In a recent market study paper, they lay out their final proposals...
