Transparency failings blamed on 'operationally inefficient' industry
The WPC's cost and transparency inquiry reveals it is impossible to know exactly how much consumers and trustees are paying in charges. Victoria Ticha takes a closer look
As parliament resumed last week, first up on the Work and Pension Select Committee's (WPC) agenda was its inquiry into pension costs and transparency - which is focussing on whether the pensions industry...
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ACA backs integration of climate change action into default DC strategies
The Association of Consulting Actuaries (ACA) has welcomed the Pensions Climate Risk Industry Group (PCRIG) and the Department for Work and Pensions’ (DWP) guidance on climate risk.
Five stories you may have missed this week
This week’s top stories included amendments to the Pension Schemes Bill being passed by the House of Lords, while The Pensions Regulator revealed its intentions to tighten expectations on the industry with the release of its 2020/21 corporate plan.
EXCLUSIVE: What's keeping pension professionals positive during lockdown?
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Seven million people take pension action during lockdown
More than a third of savers have taken some form of action relating to their pension during the national lockdown, according to research by Aviva.
