NEW LIFE AND PENSIONS business is being massively overstated as insurers fail to account for people switching between providers, Higham Dunnett Shaw says.
The oursourcing and consulting firm said that its research indicated that for every £1 of new single premium business reported by life offices, at least 70p is being lost as a result of investors switching...
An analysis of IGC annual reports finds some lacking in information on value for money, costs and charges, and investment performance. James Phillips explores the findings
A new cost transparency solution is being developed for pension schemes by a financial services technology firm.
Supermarket giant Asda's plans to reform its pensions have been decried as "unfair, unreasonable and unnecessary" as the workers' union began talks with the employer.
The Pensions Administration Standards Association (PASA) has launched a checklist to help trustees with the rectification process for guaranteed minimum pensions (GMP).