Pete Glancy says lack of reform is preventing people from having a comfortable retirement
Trade body set out several priorities including AE reform and areas of regulatory focus
Buck posts 10% revenue growth and Diageo discloses £1bn credit facility to schemes
Freeze in triggers should result in more people being able to save more towards retirement
Most Buzz pundits are in favour of reforming rules with many suggesting a flat rate
Changes include the appointment of the firm’s first managing partner
Number of DC schemes decreased by approximately 2.5% in 2022
The framework has been developed with Aviva with support from the 30% Club
FCA said actions are ‘wholly unacceptable and constitute serious malpractice’
The firm put the growth largely down to its proprietary bulk quotation service