Running personal accounts on a target annual management charge of 0.3pc may be unrealistic, the Personal Accounts Delivery Authority chief executive Tim Jones warns.
Jones – who has been in the role for five weeks – believes an AMC of 0.5pc could be more realistic. In an interview with PP Jones, the former head of retail banking at NatWest, said he was not convinced...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point