The Covid-19 pandemic has presented the defined contribution sector with its first big challenge since the full implementation of auto-enrolment. The FTSE All-Share index lost 18 per cent in the calendar year to 27 May, according to FE Analytics,...
Consultants and providers have responded to the FCA proposals to improve value for money in workplace pensions, saying more work is required to ensure fair and consistent assessments. Premier Pension head of...
The Financial Conduct Authority has launched a consultation on improving value for money on contract-based workplace pensions. These proposals aim to make it easier for Independent Governance Committees (IGCs) and Governance Advisory...
Insurers have given a cautious welcome to calls to simplify pensions tax relief but have warned a “pensions Isa” could undermine the success of auto-enrolment. Yesterday the ABI called for the government...
Whether furloughed or working from home, employees’ mental health has come under significant pressure during the Covid-19 pandemic. Providing support both now and going forward will be key to safeguarding these individuals’ wellbeing....
Health insurer WPA is giving a second premium rebate to its PMI customers which will be paid by the end of June. It is expected this will be worth a total of...
The Association of British Insurers has called for pension tax relief to be simplified, in order to reduce savings inequalities. This call for government action comes after the ABI commission a report...
The High Court has ruled that the cap on maximum compensation available under the Pension Protection Fund (PPF) flouts age discrimination rules. This ruling is likely to have widespread implications for the...
Employers are starting to roll out Covid-19 antibody tests for those returning to work — with some finding higher-than-anticipated positive results. One London-based construction firm has found more than half of its...
The head of the London Stock Exchange has been appointed as the new chief executive of the Financial Conduct Authority. Nikhil Rathi has been appointed for a five year term and will...
