The Personal Accounts Delivery Authority must warn savers that charges may increase over time, Aegon says.
Aegon believes running costs will be affected by unknown factors, such as whether opt-out rates match expectations. And this, it says, could mean initial charging assumptions are over optimistic. ...
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