UK - Advisers have welcomed plans to introduce a compulsory code of practice for insurers which is designed to encourage consumers to shop around for an appropriate annuity when they approach retirement.
Advisers have welcomed plans to introduce a compulsory code of practice for insurers which is designed to encourage consumers to shop around for an appropriate annuity when they approach retirement.
Margaret Snowdon outlines admin association's priorities
Just how are we going to get more people saving for retirement?
UK - The Government should cap defined contribution scheme charges to match the existing limits on stakeholder pensions to avoid complaints about ‘mis-selling', the Workplace Retirement Income Commission says.
Government should cap defined contribution scheme charges to match the existing limits on stakeholder pensions to avoid complaints about ‘mis-selling', the Workplace Retirement Income Commission says.
The Treasury has confirmed new European rules outlawing the use of gender in underwriting will not affect policies taken out before 21 December 2012.
There will not be a ban on age-based insurance pricing in the near future, the director general of the Government Equalities Office says.
Government has launched an urgent review of equity investments after business secretary Vince Cable warned short-termism was risking the financial security of pension scheme members.
The Institutional Investor Committee has confirmed the membership of its newly-formed Advisory Council.