The government is to create a single guidance body for pensions, money and debt matters, which will replace The Pensions Advisory Service (TPAS), including Pension Wise, and the Money Advice Service (MAS), it has said.
Freedom and Choice was designed to give savers more options at retirement, but some face a hard decision in order to take advantage. James Phillips explores the difficulties
Shajahan Alam says giving DB schemes flexibility to reduce inflation linkage sounds a lot simpler than it would be in practice.
Complaints made to the Financial Conduct Authority (FCA) about decumulation, life and pensions have continued to fall.
Robin Ellison talks about the acceleration in consultations and whether it is a good thing.
The Pensions Regulator (TPR) has moved closer towards demanding mandatory clearance of corporate transactions in certain circumstances.
A set of guiding principles for governance of the local government pension scheme (LGPS) investment pools have been published.
The industry has welcomed the Financial Conduct Authority’s (FCA) consultation on forcing asset managers to provide greater transparency on transaction costs.
Aviva Pension Trustees UK and Aviva Wrap UK have been fined £8,246,800 for failing to have adequate controls and oversight of its outsourced providers.
Baroness Jeannie Drake has questioned whether placing more responsibility on individuals amounts to an efficient long-term savings policy.