Annuity providers will be required to inform their customers how much they could gain from shopping around and switching provider before they purchase an annuity, the Financial Conduct Authority (FCA) says.
The regulator plans to ask providers to build an "annuity comparator" tool, in the form of an information prompt before an annuity is purchased. The prompt will have to show the difference between the...
David Brown, who oversaw the closure of Tesco's defined benefit (DB) scheme and launch of its defined contribution Retirement Savings Plan, has joined Pitmans Trustees (PTL).
The Cabinet Office has named Legal & General as the preferred provider for the civil service's defined contribution (DC) scheme.
Twelve firms have said they will raise The Pension Regulator's (TPR) guidance on environmental, social and governance (ESG) factors with clients where they are financially material.
Schemes have just five days left to organise voluntary scheme pays processes if they are to be ready for the January tax deadline, Punter Southall has warned.