The European Life Settlement Association has hit out at a surprise call from the American Council of Life Insurers for policymakers to ban the securitisation of life settlements but the two trade bodies will back a joint roadshow in February to discuss the issue with the industry.
Life settlement-backed investments - which turn US life insurance policies into tradable assets - have expanded rapidly as a result of the financial crisis, as investors have sought predictable returns...
The Pensions Advisory Service (TPAS) helped 187,000 people in 2017/18, a 9% fall on the previous year despite setting up special helplines for specific scheme members.
The Liberal Democrat party has passed a motion pledging to cap tax-free lump sums under Freedom of Choice at £40,000 if elected into government.
In a hard-hitting interview with Stephanie Baxter, the former chairman of Carillion Pension Trustees explains why he thinks a blame culture and too much red tape are damaging pensions and why he feels regulators are getting it wrong.
Senior decision makers from more than 20 major pension providers and administrators have come together to discuss how the pensions dashboard could be made a reality.