The proposed personal accounts framework could be used to provide inexpensive life cover for workers currently part of a £2.3trn protection gap, Friends Provident says.
Chief executive Trevor Matthews said the UK should look to the Australian superannuation model which combines pension and life cover. He said such a move would help reduce the current £2.3try protection...
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.