There is a lack of black people across senior role in financial services and there is a “strong business case” for improving diversity, the Financial Conduct Authority (FCA) has said.
Guidelines on what is and is not viewed as defined benefit (DB) trustees providing members with regulated advice need to be clearer, respondents to a Professional Pensions survey say.
The scam ‘epidemic’ across the pensions industry needs better government intervention in the form of a specifically appointed minister, AJ Bell has reiterated.
The increase in financial scams during the last 12 months has promoted calls from all corners of the pensions industry for better support for savers.
The Financial Conduct Authority (FCA) was made aware of concerns about Neil Woodford's investment strategy at his fund management business back in 2015, but did not act until nearly two years later, according to reports.
The Financial Conduct Authority (FCA) has broken its silence on Neil Woodford's return to fund management with confirmation that it is working alongside the Jersey regulator to share information on the new venture.
After a year that took everyone by surprise, experts tell Professional Pensions what could be on the horizon for regulation in 2021.
The government will set up an infrastructure bank to support investment and to co-invest alongside investors including pension funds.
Former Financial Regulators Complaints Commissioner Antony Townsend is to become chair of an expanded Determinations Panel at The Pensions Regulator (TPR).
Opportunities for defined benefit (DB) schemes to pursue investment approaches that help repair the UK’s economy cannot stand in the way of improving member outcomes, Aegon says.