Industry

Julian Mund says the pensions industry, regulators and government are all working together to mitigate the impact of Covid-19 on savers.

PMI chief executive Gareth Tancred tells James Phillips about progressing its five-year plan and redesigning the organisation amid the Covid-19 challenge

Scottish Widows has temporarily extended its quote guarantee period for annuity applications in a bid to support advisers and customers during the Covid-19 crisis.

Professional Pensions’ publisher, Incisive Media, has agreed to acquire the highly-regarded reviews platform Trusted Reviews, www.trustedreviews.com, from TI Media.

Using the flexibility offered by pension freedoms to access pensions early without considering long-term consequences will leave savers struggling to make ends meet, the Association of British Insurers (ABI) has warned.

This week’s top stories included the Smurfit Kappa UK Pension Fund’s completion of a £1.2bn fiduciary and liability-driven investment deal with River and Mercantile, and figures showing pension transfer activity has dropped to its lowest level since 2014....

Covid-19 has presented the ONS with significant problems calculating inflation during lockdown. Latest Institute for Fiscal Studies research examines the challenges faced.

Seven tranches

This week’s top stories included the Financial Conduct Authority saying there is a “significant risk of harm” in the long-term savings market caused by pension freedoms, and Standard Life and Zurich publishing their latest independent governance committee...

Business advisory firm Quantuma has appointed Darren Mason as a partner at the firm’s head office in London to set up and lead a pensions advisory team.