THE GOVERNMENT should focus on increasing consumer confidence in financial institutions rather than "bombarding" people with pension choice, an economist says.
Professor John Kay told NAPF seminar participants the government “mantra” of more consumer choice was based on a flawed economic theory. He said: “People aren’t good at making these decisions. They...
A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.
The Department for Work and Pensions (DWP) has completed its appointment process for the Single Financial Guidance Body's (SFGB) board, naming three non-executive directors.
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.