The government has been urged to involve more consumers in the development of the pensions dashboard as YouGov research showed more than 90% have not heard about it.
In its online survey of 2,207 adults from 17 to 18 August, 27% wrongly thought the dashboard would provide them with financial advice while 19% mistakenly believed it would allow them to pay into pensions....
Administration should be focused on what the member would ideally want, thereby delivering a better services, says John Simmonds.
HSBC will increase its assets under management on Moody’s Analytics’ defined benefit (DB) software platform, expanding its use from six to 15 countries.
Hurdles remain before dashboard implementation, writes Holly Roach.
The technological developments arising out of the pandemic will change the pensions industry forever, says Darren Philp.
The GMP Equalisation Working Group has published further good practice guidance covering the tax issues relating to the equalisation of GMPs.