Many employers and employees are yet to grasp their obligations under the 2012 pensions reforms, delegates heard.
Pensions Management Institute technical consultant Tim Middleton said that there was a “real range of understanding” of the legislation and a “lack of decisiveness” among employers. He blamed a “deep-rooted...
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MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.