David Mowat, MP for Warrington South, recently suggested in a House of Commons debate that the coalition should create a nationalised, low-cost, annuity provider to protect pensioners from poor retirement products.
This is an excellent suggestion. But there is a more market-oriented way of achieving the same end. The current Open Market Option allows retirees to shop around for the best annuity rate, and the most...
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.