Aon Hewitt has launched a charged custody account targeted at defined benefit (DB) schemes to act as a "buffer" in preventing trapped surpluses.
Branded the Pensions Stability Buffer, the product aims to encourage sponsors to make higher contributions to the account by reducing the risk that excess contributions will be lost. It will work like...
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.
It has again been suggested self-employed workers could enjoy pension provision through the tax return process. James Phillips explores the latest proposals.