Legal and General Investment Management (LGIM) has launched a multi-asset flexible drawdown product in a bid to help fill the void created by the Budget freedoms.
The retirement income multi-asset fund targets a return of the Bank of England base rate plus 3.5% over a full market cycle - typically between five and seven years. Fund manager Martin Dietz (pictured)...
The Financial Conduct Authority (FCA) has fined Standard Life Assurance (SLA) nearly £31m after its practices led to conflicts of interest and SLA employees putting their financial needs above those of the firm's customers.
The government has launched a consultation on amending the contribution rules of the NHS Pension Scheme in a bid to mitigate the possibility of members hitting tax allowances.
Aviva has seen a 50% year-on-year increase in the number of enquiries from pension schemes that use investment and administration on separate platforms seeking to move to a bundled provider.
This week's Pensions Buzz respondents were unsure whether Guy Opperman will stay in post as pensions and financial inclusion minister under the new Prime Minister.