Investors have allocated more than €50bn (£40.6bn) of new assets to long-term funds in the first quarter of 2012, says Morningstar.
More than 70% of these inflows went to fixed income funds, while equity funds saw small inflows and net redemptions in March. The largest inflows in fixed income were to corporate debt, corporate high-yield...
HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.