The Department for Work and Pensions is considering an outright ban on consultancy charges on pensions which are borne by members.
In an evidence session with the work and pensions committee, Webb addressed issues around the transparency of consultancy charges levied on employees in a workplace scheme and said an outright ban on consultancy...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).