Michael Klimes finds assumptions that use annuities to underpin DC projections may need to be re-examined in light of Freedom and Choice
Since April 2003 any schemes offering defined contribution (DC) benefits have been obliged to produce statutory money purchase illustrations (SMPIs) every year. These projections are a snapshot of what...
The Financial Conduct Authority's (FCA) final report on its asset management study has been dubbed a turning point for cost transparency, but some have warned its actions are lacking.
The Financial Conduct Authority (FCA) has published the proposed reforms put forward by the big three investment consultants as it seeks industry views on whether to reject them.
The Financial Conduct Authority's (FCA's) provisional decision to refer the investment consulting market to the Competition and Markets Authority (CMA) has largely been welcomed by the industry.
The industry should look to encourage diversity and appointment of young trustees through recruitment at the grassroots according to a panel of trustees at Pensions and Benefits UK.