This week’s top stories included the rejection of an automatic guidance amendment in the Pension Schemes Bill, while The Pensions Regulator posted a sharp increase in the use of its powers.
1) MPs vote down Pension Schemes Bill automatic guidance amendment An amendment to the Pensions Schemes Bill which would have seen people given a pre-booked Pension Wise appointment ahead of accessing...
The number of savers using information or guidance services such as Pension Wise is barely higher than three years ago despite efforts to promote the benefits, the Financial Conduct Authority (FCA) says.
This week’s top stories included Capita’s sale of its employee benefits business, while research from the Association of Consulting Actuaries found little support among employers for multiple pensions dashboards.
In a year of exceptional circumstances and getting to grips with new technology, the trustee meeting must go on – but not always to plan.
The onset of the pandemic dented asset valuations but it will take time to understand the true cost for defined benefit (DB) schemes.