There is widespread support for the revised Value for Money (VfM) regulations, but the industry is calling for further refinements particularly around forward-looking metrics, to deliver good member outcomes and ensure a...
Minimum standards could drive a “step-change” in quality across areas such as administration platforms and integrated service providers, claims insurance tech firm Lumera. In its response to the Department of Work and...
Savers are increasingly relying on AI rather than conventional financial guidance during retirement planning, according to data analysed by PensionBee. A PensionBee analysis of the rise of ‘AI Overviews’ following Google keyword...
The Financial Conduct Authority will review how advanced AI could reshape the financial service sector and impact consumers. The review, will be led by Sheldon Mills and builds on the FCA’s existing...
The Treasury Select Committee has criticised regulators for their lax approach to artificial intelligence, potentially exposing the public and the financial system to ‘serious harm’. These were the damning conclusions of the...
Pension schemes and administration can now access a new guide on digital transformation, published by PASA. This is the second part of its digital administration guidance series, and focuses on planning an...
It’s clear that how we use digital services is changing. While master trusts focus on engaging members and employers in new ways, there’s still a noticeable gap between pension apps and those...
What are the challenges facing DC savers today? The biggest hurdle in DC isn’t participation, it’s adequacy — which is impacting outcomes. Longer lives and rising living costs are adding to this...
Aegon has launched a new engagement campaign, utilising its digital workplace pensions platform Mylo. The campaign, titled 'Postcards from tomorrow', aims to encourage members to visualise their future retirement lifestyle, and to...
Former pensions minister Guy Opperman will join pension administration and consultancy firm Aptia as a strategic adviser, as it looks to develop its CDC proposition. Opperman was the longest serving pensions minister,...
