Hamish Wilson's Pensions and Benefits Show comments that the industry is full of vested interests and must cut out "parasites" in order to boost efficiency and regain trust in saving sparked a number of furious comments on the web.
Yet, as my colleague Rachel Dalton argues in her leader (PP Online, 20 June), Hamish could well be right, especially when it comes to the need to reduce the complexity of schemes and the number of intermediaries...
As part of a series celebrating PP’s silver anniversary, Hope William-Smith asks industry veterans about policy over the past 25 years and what needs to change for the future.
This week’s top stories include findings from PwC that pensions schemes have been “shoehorned” into valuing liabilities against gilts, while Mercer launched a defined benefit master trust.
The lack of information cohesion across the industry is preventing savers from receiving true value for money from their workplace scheme, the Finance Technology Research Centre (FTRC) says.
Almost half (49%) of the respondents to a Professional Pensions poll disagree that the trend toward sole corporate trusteeship is positive.
Despite a surge of small spikes in the number of deaths in the last month on a week-by-week basis, overall levels remain close to those recorded last year, says the Continuous Mortality Investigation (CMI).