American financial services giant TIAA-CREF has scrapped its plans to enter the UK pensions market as the industry is too focused on low charges, PP has learnt.
TIAA-CREF, which provides occupational defined contribution (DC) pensions to over 15,000 educational, research and medical organisations in the US, started planning to enter the UK market as a DC provider...
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.