The Financial Conduct Authority (FCA) has warned advisers not to execute defined benefit (DB) pension transfers without considering where the relocated assets will be invested.
The regulator said it was concerned consumers receiving DB transfer advice were at risk of transferring into unsuitable investments or being scammed. It reiterated its expectations around such transfers...
Pension Insurance Corporation (PIC) has agreed to a 30 year debt investment in Phoenix Community Housing, a not-for-profit, resident-led housing association in London.
Royal London has announced plans to allow customers with guaranteed annuity rates (GARs) to convert their guarantees into a top-up for their pension pot, subject to High Court approval.
The Salvus Master Trust will welcome another 1,200 members and 20 employers as it absorbs the £7m Complete Master Trust.
Aon has appointed Emma Adair to lead client service for its UK investment team.