COSTS of providing generic financial advice should be borne equally by government and the financial services industry, the interim Thoresen Review report says.
The report said annual running costs of the service – which will support the introduction of personal accounts – are expected to be between £40m and £80m. Review chairman Otto Thoresen said: “The research...
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