Reform of the Open Market Option would boost government coffers by £1.7bn over 20 years and should form part of all political manifestos, a lobby group says.
Since 2002, insurance companies have been required to disclose investors' right to shop around for an annuity via the OMO. However, the Pensions Income Choice Association said efforts by the Financial...
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.