ABI warns against capping pension charges; Rate hold pressure intensifies; Rentokil and Schroders dropped from FTSE100; S&P says bank rates will stifle debt fears
ABI warns against capping pension charges The Independent (p43) Hitting back at the government's Pension's White Paper, the Association of British Insurers warned that imposing a cap on pension charges...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.