UK

The Pension Protection Fund (PPF) paid out £1bn in compensation over the past financial year - the first time payments have reached this milestone figure. This money was paid out to the...

The Financial Conduct Authority have written to a further 950 people who have transferred out of DB schemes, warning them they may have been mis-advised and could be entitled to compensation.  These...

Albert Einstein famously feared “the day that technology will surpass our human interaction” and predicted “the world will have a generation of idiots” if it happens. Fortunately, the group risk market is...

More than one in three DC savers at retirement planning age are unaware they can make tax-free withdrawals from their pension, according to research from Hymans Robertson. This survey showed there was...

The chair of the Financial Conduct Authority, Charles Randell, will leave his position in Spring 2022, a year before the end of his appointed term.  Randell, who has held this post since...

Pension firms need to change the way they communicate with older millennials and ‘Generation X-ers’ to boost pension savings according to new Nest Insight research. More positive and empathetic communications that highlighted...

Women appear aware of the limits of state pension, health and welfare benefits, which might explain the steady increase in retail income protection – so why do so few women appreciate the...

Despite the regulatory burden being lessened in recent months, the appeal of private debt to defined contribution (DC) master trusts in the UK is still limited. In the US, the model is...

Roger Breeden will be a new independent trustee on the Fidelity International Master Trust board. His appointment expand the current board and is in response to the growing size of the master...

The revolution in the master trust sector has continued its seemingly relentless progress despite the pandemic.  The big drivers remain political and regulatory pressure to improve standards and offer better value for...