The Financial Conduct Authority (FCA) has published the final rules on the Independent Governance Committees (IGCs) that must be set up by providers of contract-based schemes.
The five-man committees will be charged with representing the interests of members, assessing value for money, and challenging providers where necessary. They were initially proposed after an Office...
This week's edition of Professional Pensions is out now
MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.