The Financial Reporting Council (FRC) has launched a crackdown on companies using asset-backed contribution structures (ABCs) that reclassify pension obligations as equity instruments in their accounts.
The watchdog said it had intervened with several companies that had structured ABCs in this way, and in each case the company had revised either the structure or the valuation of the arrangements. It...
One in 10 of this year's retirees will take their entire pension pot as a lump sum, Prudential's 'Class of 2018' research finds.
The Treasury has launched a second consultation on banning pensions cold-calling, which aims to seek final views on already-drafted regulation.
This week's top stories included coverage of the Competition and Markets Authority's provisional decision following its investigation of investment consulting and fiduciary management.
The Pension Protection Fund is meeting the challenges of a fast growing member base by insourcing services and adopting new technologies. Stephanie Baxter speaks to chief customer officer Sara Protheroe