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...
In this week’s Pensions Buzz, we want to know if more schemes should follow Universities Superannuation Scheme (USS) in divesting from companies with significant involvement with tobacco manufacturing, thermal coal mining, and the production of controversial...
Three accounting bodies have published specific Covid-19 guidance for the compilation of pension scheme accounts, recognising that “it can’t be business as usual”.
In this live blog, Professional Pensions brings together all the latest news on the industry's response to the coronavirus pandemic, as well as regulatory and legal updates.
A new tracker launched by XPS Pensions Group predicts Covid-19 related deaths for the UK are now at or close to 50,000.
Employers will be required to pay a proportion of furloughed staff costs from August, Rishi Sunak has announced today.