EU rules downgrading local authority funds to retail investors is throwing up complications for pooling and infrastructure investment. The FCA must ensure pools are part of the solution, writes Stephanie Baxter
An unintended consequence of EU legislation could put a major spanner in the works for the pooling of the Local Government Pension Scheme (LGPS). Under the Financial Conduct Authority's (FCA) draft rules...
Defined benefit (DB) pension transfer values recovered by about a third last month after February’s sharp fall, according to figures from XPS Pensions Group.
Government proposals to employ a charge cap smoothing mechanism in a bid to incentivise defined contribution (DC) pension scheme investment in illiquid assets could have the opposite effect, says the Society of Pension Professionals (SPP).
Three people have appeared in court in connection with an investigation into pension fraud totalling nearly £14m.
Plans to increase the normal minimum pension age (NMPA) to 57 should be annulled, or transitional protections removed, amid “scant evidence” to support the decision, says Quilter.
Guidelines on what is and is not viewed as defined benefit (DB) trustees providing members with regulated advice need to be clearer, respondents to a Professional Pensions survey say.