This week’s top stories included more details of PensionBee’s initial public offering and Just Group’s criticism of the effects of freezing the money purchase annual allowance.
1) PensionBee draws 12,000 customers sign-ups for IPO with estimated market cap of £348m Around 12,000 PensionBee users have registered for shares in the company after it confirmed its initial public...
The Institute and Faculty of Actuaries (IFoA) has urged the government to tackle social care reform and to support alternative structures, such as collective defined contribution (CDC) schemes, to rebalance the risks facing individuals.
The former restructuring advisory and employer covenant business of KPMG has rebranded and launched as Interpath Advisory.
The Pensions and Lifetime Savings Association (PLSA) has welcomed the government’s intention to extend the scope of the Taskforce for Climate-related Financial Disclosures (TCFD).
This week’s top stories included the FRC issuing a £65,000 penalty and severe reprimand against Richard Jones over previous advice to Guinness Peat Group, and news of Emma Douglas’ departure from LGIM.
The Bank of England’s monetary policy committee has voted unanimously to hold its key interest rate at 0.1%, with the central bank now forecasting a stronger outlook for GDP growth and inflation.