Pensions minister Steve Webb's move to ban commission and active member discounts (AMDs) is a "seismic" shift for providers and will drive a completely new business model for advisers, Aviva has said.
The provider said the legacy audit of schemes (PP Online, 6 November), recommended in the Office of Fair Trading (OFT) report into defined contribution (DC) pensions (26 September), would identify hundreds...
The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.
The pensions industry must personalise interventions and auto-enrolment (AE) conversations to prevent members from squandering their pots at retirement age, according to industry experts.
Legal & General Investment Management (LGIM) has incorporated ESG considerations as well as its climate impact pledge into the default funds for the 3.3 million members in its master trust and contract-based schemes.
As TPR prepares to kick off its first master trust supervisory cycle, Kate Smith explores how the market has changed and may continue to
Nest Insight has outlined a series of different options on how its planned hybrid savings tool could be implemented successfully by employers.