The Financial Conduct Authority (FCA) must ditch the methodology used to calculate transaction costs incurred by investment of defined contribution (DC) funds as a matter of urgency, the Investment Association (IA) says.
The trade body said "immediate action" must be taken to suspend and replace the methodology which is causing "investor detriment". It added the wider rollout of the methodology - which sits under the...
With political parties drawing up their manifestos for next month’s general election, Kim Kaveh explores the industry’s ambitions for future pensions policy.
The director of a Merseyside nursery has admitted to failing to comply with automatic enrolment (AE) responsibilities after setting up a pension scheme that was left empty.
Now authorisation has ended for existing schemes, Kim Kaveh reflects on the process and asks what the future holds for ongoing supervision.
A recruitment agency and its managing director have pleaded guilty to misleading The Pensions Regulator (TPR) by falsely claiming staff had been put into a workplace pension.
The government should review pension tax rules and simplify the system, according to AJ Bell and the Association of Consulting Actuaries (ACA).