More than one in three (37 per cent) of advisory firms have changed their fee structure as a result of completing the new Consumer Duty ‘fair value’ exercise. Research by Royal London...
Clara-Pensions has taken on its first scheme, with the transfer of the £600m Sears Retail Pension Scheme. This is the first time a DB scheme has transferred into a so-called superfund. Clara-Pensions...
With echoes of St Augustine of Hippo, current government and regulatory thinking on giving the FCA full oversight of pension and investment consultants, appears to be a case of ‘let them be...
The Financial Services Compensation Scheme (FSCS) has appointed Martyn Beauchamp to be its interim CEO. Beauchamp, who will also join the board as an executive director, will start immediately in this new...
The insurance industry has made “good progress” on improving board diversity and setting targets on neurodiversity, but progress on increasing the number of apprenticeships has “stalled”. These were the conclusion of a...
Group Risk Development updated its statement of best practice for supplier agreements in response to an increasing number of employers devising their own contracts. Grid says it has seen more employers proposing...
Concerned have been raised about insurers' capacity to manage defined benefit assets in future, with Mick McAteer, co-director of the Financial Inclusion Centre calling for a “full investigation” into this issue. Speaking...
Consultants Broadstone has criticised government proposals to raise the general levy on pension schemes again, saying this will ‘unfairly’ target smaller schemes. The government is looking to raise additional funding from the...
We are all nosey and love to know things about other people. It helps us work out where we stand in the pecking order. Are we missing out, or are we one...
Retirement saving policy has been significantly elevated on the political agenda again, following the Chancellor’s Mansion House speech in July. Testament to that was the launch of 10 separate pensions papers from...
