THE PENSIONS industry will damage its reputation by failing to engage in the design of a generic financial advice system, Otto Thoresen warns.
Speaking at the Association of British Insurers 2007 conference, the leader of the government review into a national advice system said the industry had to be closely involved in it. The introduction...
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.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
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).