The Financial Conduct Authority's (FCA's) provisional decision to refer the investment consulting market to the Competition and Markets Authority (CMA) has largely been welcomed by the industry.
In its final report for the asset management market study, published 28 June, the financial watchdog said it had concerns about a weak demand side, high barriers to entry and expansion, and conflicts of...
Caroline Kurup explores the latest TPR guidance on superfund transfers and what scheme trustees should be considering
Pension scheme trustees and sponsors should only seek to transfer members’ benefits to a defined benefit (DB) consolidator if there is no “realistic prospect of buyout in the foreseeable future”, The Pensions Regulator (TPR) says.
Guy Opperman says two page, simpler statements as well as an annual ‘season’ in which to issue them could be transformative steps for the UK pensions industry
A second pensions bill is likely during the “life of this parliament”, according to pensions and financial inclusion minister Guy Opperman.
A “legitimate debate and discussion” is needed over future auto-enrolment (AE) contribution rates, says Guy Opperman, and that could take place next year.