The Financial Conduct Authority (FCA) has held back from making any changes to its rules on contingent charging for defined benefit (DB) transfers in its latest policy paper on the subject.
In its March consultation paper on improving the quality of pension transfer advice, the regulator said it was "considering if it is necessary to intervene in the way charges are levied for pension transfer...
New legislation is needed to push pension trustees and asset managers to consider ESG factors, Hope William-Smith reports.
More than half (59%) of schemes support the call for an extension of regulatory easements and flexibilities beyond early 2021, the Pensions and Lifetime Savings Association (PLSA) says.
The Ministry of Housing, Communities and Local Government (MHCLG) must outline the McCloud regulations for the Local Government Pension Scheme (LGPS) in England and Wales urgently to ensure scheme administrators are not overwhelmed, Aon says.
We are now approaching the first anniversary of trustees required to set strategic objectives for their investment consultants, Grant Suckling writes.
The majority of employers currently support the simplification of the pension tax regime, with evidence mounting of its adverse impacts, the Association of Consulting Actuaries (ACA) finds.