Friends Provident is set to launch a default fund for defined contribution pension schemes to diversify investment options and reduce risk.
Head of pensions marketing Jeremy Ward said the new product would be launched within the next eight to 12 months and would offer diversified growth, enhanced returns and decreased risk for scheme members....
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.