The Society of Pension Consultants has backed proposals from the Financial Services Authority to revise assumptions used in transfer value analysis.
But the organisation raised concerns that plans to move to a different mortality basis in the Key Features Illustrations to those used for assessing transfers could undermine the credibility of advice...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point