The future of Lifetime Isas hangs in the balance after an influential parliamentary report said they were overly complex, fail to support good financial decisions and are not ‘working as intended’, throwing...
The Financial Conduct Authority has appointed Sarah Pritchard to the new role of deputy chief executive. The regulator says this reflects its expanding remit, with the integration of the Payment Systems Regulator,...
Once again, the pensions industry is braced for a raft of changes for DC schemes. The Pensions Schemes Bill, introduced to Parliament last week, contained a host of measures covering small pots,...
The UK's largest pension funds have invested £280bn into the domestic economic through a range of investments which include infrastructure and housing allocations, according to new research. The report from WPI Economics says...
The way savers access their DC pensions in retirement is typically not aligned to longer-term financial needs, and many will continue to “fall through the cracks” without more co-ordinated action from the...
The Reserved Investor Fund (RIF), a new type of UK-based contractual investment scheme, was launched on 19 March 2025. The RIF was originally proposed by the previous government, in response to industry...
There are significant difference between homeowners and renters when it comes to spending patterns in retirement, according to new research from the University of Bath and consultants LCP. Homeowners tend to spend...
The government looks set to delay the announcement of the next stage of the Mansion House agreement, according to industry insiders. This next stage, understood to be called the ‘Mansion House Accord’,...
The Association of British Insurers has appointed David Otudeko as director of regulation. Otudeko joined the ABI in June 2021 as assistant director, head of prudential regulation and has been acting as...
The Department of Work and Pensions has confirmed it will create a small pots consolidator, due to be in force by 2030, which will automatically merge deferred AE pensions of less than...
