The Financial Conduct Authority (FCA) has abandoned plans to drop the unsuitable defined benefit (DB) transfer assumption as a result of concerns about unsuitable advice being given in the area.
In a policy statement published today, the FCA said its recent supervisory work had presented "significant evidence of unsuitable advice being provided". In a consultation released last June, the financial...
The Financial Conduct Authority (FCA) has issued a data request to 65 financial advisers who advised on transfers from the Rolls-Royce defined benefit (DB) scheme.
Lewys Curteis looks at what the changes to the PPF’s levy rules mean for schemes over the long-term.
Jo Myerson looks what trustees should be considering if their sponsor decides to temporarily shut its doors.
The sponsoring employers of the UK’s largest pension schemes may have to put an additional £40-£45bn into their schemes over the next decade, Lane Clark & Peacock (LCP) warns.
UK pension schemes are working hard to counter climate risks across investment portfolios, but the assessment of climate risks to sponsor covenant must be a key focus of schemes’ broader risk assessment, says Michael Bushnell.