Changes to IAS19 will have a "limited" effect on investor attitudes but are likely to accelerate investment de-risking strategies, consultants say.
UK - Threadneedle is set to withdraw from the full service group personal pensions market in a bid to focus on its investment only offering.
EUROPE - Pension funds could once again retract from securities lending if they are included in European proposals which would tag lenders as ‘short sellers', according to the trade body for securities lenders.
Changes to IAS19 will have a "limited" effect on investor attitudes even though they could dent reported profits by as much as £10bn, PwC says.
Pensions minister Steve Webb has again vowed to clamp down on companies offering a "bung of cash" to staff who give up defined benefit pensions.
Threadneedle is set to withdraw from the full service group personal pensions market in a bid to focus on its investment only offering.
The Financial Services Authority has issued a warning to consumers over pension reciprocation plans and other pension unlocking schemes.
Financial Services Authority guidance on incentive exercises such as ETVs needs to be strengthened and made a legal requirement, Aon Hewitt believes.
Here it is. The Pensions Regulator's five-step checklist for trustees of what they might need to do to ensure that their scheme is ready to be used for automatic enrolment.
The Pensions Regulator has urged trustees to ensure schemes are compliant with data protection principles after concerns were raised over ‘mixing' scheme and sponsor data.