Less people are taking advice or guidance in 2025 than they did in 2022 and understanding of options, pension products and charges is lower, according to research from the Institute and Faculty...
The FCA has approved three Long-Term Asset Funds that will give 700,000 workplace pension scheme members exposure to private markets. The allocations will be made into Aegon’s £12bn Universal Balanced Collection (UBC)...
The Pensions Regulator will extend its oversight to professional trustee firms operating across the DC and DB market. It said the decision to extend its regulatory reach follows evidence gathering with 11 of...
The surpluses accumulated in DB schemes are key to unlocking investment in the UK economy and kick-starting the government's growth agenda, according to a new report from the Social Market Foundation. The...
First Actuarial is calling for a fairer approach from the Financial Ombudsman Service (FOS) as pension redress remains at a historic low, urging a reassessment of pension transfer complaints in light of...
WTW has appointed Imran Qureshi to be its global retirement leader. Qureshi’s appointment follows the retirement of Marco Boschetti. Qureshi will continue to hold his role as WTW’s North America geography leader...
The Financial Conduct Authority (FCA) has expressed openness to allowing pension savings for house deposits, a move welcomed by industry leaders. According to a speech last Friday by FCA CEO Nikhil Rathi,...
The People’s Pension has appointed Vicky Paramour to its trustee board. Paramour joins six existing trustee directors overseeing the running of the trust, which serves 6.9m members. Paramour is a pension's actuary with over...
Savers continue to face delays when transferring pensions, with the average transfer taking 22.4 days in 2024. The data, based on transfers to PensionBee, showed that transfers from many workplace pension providers...
The Pensions Regulator has outlined how it aims to encourage UK economic growth while also protecting member interests. Details of this new approach were set out in a letter to government, with...
