Former Financial Services Association (FSA) chief executive Hector Sants has been appointed as chair of the new, incoming single financial guidance and claims body.
Sants (pictured), who headed up the Financial Conduct Authority's predecessor between 2007 and 2012, will officially take up the post on 3 October for a five-year term. However, ahead of this date,...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.