Taha Lokhandwala explains the FRC's changes to schemes statutory money purchase illustration duties.
Late last year the Financial Reporting Council, the organisation responsible for setting actuarial technical standards, updated its AS TM1 guidance for statutory money purchase illustrations. The FRC...
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.
This week's edition of Professional Pensions is out now