Industry

Regulator launches seven ‘design principles’ to guide and improve innovation

Reminded firms that, in practical terms, no cancellation rights exist on PCLS

Just four firms manage 80% of scheme assets, two firms planning to enter superfund market, Pensions UK says remove investment barriers

Deal has been agreed for an undisclosed sum and is subject to regulatory approval

James Barham says the industry must start having joined-up conversations about lifetime savings

Initiative aims to raise awareness of annuities and provide discussion about the future of retirement income

MPC committee votes seven to two to hold interest rates due to 'sticky' inflation

Intends to improve services, share knowledge to boost wellbeing and deliver dashboards

Inviting responses on how the reforms will work in practice

Bank of England cut unlikely