Thoresen review leads to launch of £12m financial advice pilot scheme
THE government has launched a £12m generic financial advice pilot scheme following the publication of the final report of the Thoresen Review today
The Money Guidance Pathfinder – which will pave the way for a national scheme – will run for two years and be delivered by the Financial Services Authority. It will be funded jointly by government and...
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Five stories you may have missed this week
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
UK retirees outlive their savings by a decade, finds World Economic Forum
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Government must show leadership on AE
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustee accreditation process intended to launch on 1 July
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).