FINANCIAL education, simplified products and great incentives to save are necessary to encourage saving in the UK, Scottish Widows says.
The life and pensions firm said the government must work with the Financial Services Authority to improve the nation’s saving culture. It made the comments following the full release of its second [ital]...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.