Asset managers will face a duty to act in the best interests of investors under plans unveiled by the Financial Conduct Authority (FCA) today.
The financial watchdog has launched a consultation on extending the senior managers and certification regime (SM&CR) to almost all regulated firms, and has outlined six new "prescribed responsibilities"...
Kim Gubler says it is time that schemes and administrators reassess SLAs and look at what real people need from their pension schemes and when
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.