National advisory groups have endorsed proposals put forward by the Personal Finance Society (PFS) for a tiered approach to delivering George Osborne's retirement 'guidance guarantee', but are unsure about the viability of one of its tiers - a regulated 'focused' advice model which would come with a flat fee.
The PFS has suggested participating advisers could offer a simplified advice route for retirees for whom Osborne's proposed 'guidance' may not be enough, and a full financial review too much. To give...
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.