UK - Compensation worth £11.8bn will be paid to 1.7 million people who have been victims of pensions mis-selling.
The Financial Services Authority says its review is more than 89% complete.
FSA director of pensions review Phillip Robinson said: “The pensions review had delivered appropriate redress by the target date for the vast majority of investors.
“We will continue to work hard to ensure that the small number of remaining cases are dealt with effectively.”
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.