The Financial Services Authority is proposing extending the eligibility to make Financial Services Compensation Scheme claims to corporate trustees of occupational pension schemes where the sponsoring employer is ‘large'.
The FSA has issued a consultation paper on amending the Compensation sourcebook to enable certain corporate trustees of occupational pension schemes make claims to the FSCS if an insurer fails in relation...
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.