RUNNING personal accounts at 30 basis points is a "pipe dream" without government subsidies, Standard Life claims.
It said the true cost of Sweden’s national pension scheme without such payments would be 80-90bps rather than 30, while it had taken Australia 20 years to bring its costs down to 50bps. Head of business...
Railways Pension Trustee Company chief executive Phil Willcock has quit the scheme after only 10 months to take up a position as head of AIG UK Life.
The Financial Conduct Authority (FCA) has launched a consultation on how to enable defined contribution (DC) savers to invest in patient capital via unit-linked funds.
The Pension Protection Fund has published its final levy rules for 2019/20 following a consultation launched in September.
The Competition and Markets Authority's (CMA) final report on the investment consultant market has been celebrated as having "real teeth" to produce better outcomes for members.