More than one in three schemes that use a fiduciary manager has no formal process to review their relationship according to an annual survey from Buck Consultants at Xerox.
The survey, carried out by Spence Johnson for Buck Consultants at Xerox, suggested some schemes were taking more of a "set and forget" approach, which could lead to significant problems down the line....
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.