Professor John Kay has given the strongest indication yet that he will advise the government to intervene in the structure of the asset management industry.
Kay (pictured) told the audience at the launch of FairPensions' report into fiduciary duty that there is a problem with asset managers' incentives. He said: "We have a particular problem with the way...
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.
This week's top stories included coverage of the much-anticipated defined benefit (DB) white paper and the sector's reaction.