The Pensions Regulator is planning to impose £50,000 fines on firms who fail to fully comply with new dashboard regulations. These large fines were proposed in the regulator's latest consultation on the...
The UK should move from an employer chooses pension model to one where members select their own provider to boost engagement levels and help individuals take more responsibility for their own retirement....
Advisers need to change their business models if they are to attract the next generation of clients, according to a new research from consultants AKG. It found that nine out of 10...
The Financial Services Compensation Scheme will significantly reduce the levy it charges on the advisory sector, due to the falling number of claims against failed firms. The forecast for next year has...
Hymans Robertson has launched a new guide for DB sponsors, designed to stop them ‘sleep-walking’ into a scheme buy out. The interactive guide aims to help corporates understand more about the endgame...
Collective DC (CDC) may become default option at retirement according to a new report for Aon, which predicts these schemes will ‘transform’ the retirement landscape. The investment consultant says that CDC decumulation-only...
Standard Life has appointed DB pension administrator Equiniti to help its grow its bulk purchase annuity (BPA) business. Equiniti will provide full administration of both buy-in and buy-out BPA policies, designed to...
A former pension trustee entered a not-guilty plea in a case brought by The Pensions Regulator regarding allegations of making illegal investments on six counts. At Preston Crown Court yesterday, former Worthington...
Over the two time periods of January through March 2022 and April through June 2022, the growth of regular salaries lagged behind rising inflation, according to figures from the Office of National...
The Financial Conduct Authority (FCA) should make philanthropy advice training mandatory for financial advisers and introduce regulations to ensure it is discussed with clients says Law Family Commission on Civil Society, led...
