The Financial Conduct Authority (FCA) has temporarily paused the implementation of its investment pathways work while it refers the matter to its board, however it will press on with its work on defined benefit (DB) transfers amid the coronavirus.
A ‘Dear CEO' letter to addressed to those providing services to retail investors and published on Tuesday evening (31 March) outlined steps the regulator was taking to continue its work amid the coronavirus...
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.
MPs considering the Pension Schemes Bill in its final stage must push back on changes which could damage private pension viability, according to former pensions minister Ros Altmann.
Occupational pensions schemes will be required to direct savers to take guidance on pension withdrawals under new provisions to boost engagement.
The government should consider handing to a minister the specific responsibility for tackling the growing number of scams across the finance sector, AJ Bell says.