ABI urges govt to scrap mandatory pensions freedom GAR advice
Mandatory advice on pension freedom cases with guaranteed annuity rates worth more than £30,000 should be scrapped and replaced with a ‘customer control' mechanism delivered through the Pension Wise service, the Association of British Insurers (ABI) has said.
The ABI said it had written to Chancellor George Osborne and Financial Conduct Authority (FCA) chief executive Martin Wheatley to push its proposal which it said would tackle pensions freedom "implementation...
More on Industry
Maps produces financial wellbeing strategy to deliver national goals
The Money and Pensions Service (Maps) has launched a financial wellbeing strategy to address poor financial wellbeing in the UK.
Five stories you may have missed this week
This week’s top stories include reports of HM Treasury’s plans to give higher tax relief to those earning over £110,000, and Sir Steve Webb’s move from Royal London to Lane Clark and Peacock.
Think tanks call for permanent pensions commission
Think tanks The Fabian Society and Bright Blue have called for a new pensions commission, as Guy Opperman lends his support.
UK Pensions Awards 2020 - final day to enter
There are now just four days left to submit your entries for the UK Pensions Awards 2020…
How schemes can help meet the climate change challenge
Pension schemes have been called on to play a central part in the government’s plans to meet climate change expectations. Hope William-Smith asks how this can be achieved
