Scottish Widows’ independent governance committee (IGC) has published its annual chairman’s report – giving the provider a good value for money rating for its modern products but suggesting improvements, particularly for the firm’s legacy offerings.
The IGC, which is chaired by Mark Stewart, said it believes that customers who are in one of the modern products are receiving good value for money overall. It said, for those customers that were formerly...
The least financially secure pension savers may be increasing their personal debt levels or foregoing household essentials after paying pension contributions, The Investing and Saving Alliance (TISA) says.
Thames Water has contracted Aon to bring an “inspiring and innovative approach” to its 4,500-member strong defined contribution stakeholder plan.
Investment and advice giant Quilter has called on the government to consider decoupling employee and employer contribution thresholds for auto-enrolment (AE) due to the pressures of Covid-19.
SEI has partnered with Moneyhub in a bid to enhance its master trust offering and help members improve their financial wellbeing.
Plans to improve value to members in defined contribution (DC) plans by improving investment options and governance while consolidating small schemes have been welcomed as a “wake-up call” for the industry.