Changes to defined contribution scheme (DC) governance over the last five years have not improved member outcomes, according to 61% of pension managers and trustees in a survey.
The research by DC master trust LifeSight found regulatory changes have only increased complexity for both schemes and their members rather than helping people to achieve better outcomes at retirement....
Proposed changes to The Pensions Regulator's (TPR) notifiable events framework so it can be more proactive when corporates make changes will create a very challenging workload, it has been said.
Aviva has created a new pension skill for Amazon Alexa that allows customers to find out how much they have saved towards their retirement.
PP has compiled a list of what to watch out for over the coming months.
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.