UK - Software specialist Aqera and business solutions company Business Objects have unveiled a new package which, they say, helps financial advisers eliminate product mis-selling.
It combines Business Objects’ Business Intelligence tool with Aqera’s Business Review System to provide standard reports and fully customisable reporting capabilities.
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.