Simplified, one-page pension wake-up packs launched last week, but the industry does not agree that they will make much difference to members’ saving attitudes. Holly Roach reports
Aegon has launched personalised animated video summaries for its members, in a bid to boost engagement.
LEBC’s majority shareholder B.P. Marsh & Partners has reduced the valuation of its holding in the group by 33%, following its withdrawal from the defined benefit (DB) transfer market.
The Information Commissioner’s Office (ICO) has searched an unnamed business premises in Chichester as part of an investigation of the firm suspected of making nuisance pensions calls.
The Financial Conduct Authority (FCA) has fined Prudential £23.9m for failures relating to non-advised sales of annuities.
NEST has allocated 5% of assets to private credit and announced its two fund managers for this area. Holly Roach looks at how the provider is leading the way for other schemes
An agreed definition of value for money would make it easier for members to compare pensions, but it could be difficult as schemes are so different, writes Kim Kaveh.
Requiring pension freedoms users to transfer their funds into a workplace pension scheme could damage savings further, says Baroness Ros Altmann.
Insticube analysis reveals fewer than one in five institutional investors positive about asset managers
Just 18% of institutional investors feel positive about the service they receive from the asset managers, analysis from independent data platform Insticube finds.
Schemes already face a legislative requirement to carry out transfers promptly and efficiently, so they should voluntarily get on board with the industry-developed solution, says Tom McPhail
The industry has broadly praised the Financial Conduct Authority's (FCA) proposal to ban contingent charging on defined benefit (DB) transfer advice as a move towards improving retirement outcomes.
Defined contribution (DC) drawdown providers will have to offer non-advised consumers investment pathways from August 2020, the Financial Conduct Authority (FCA) says.
The Financial Conduct Authority (FCA) is consulting on plans to ban contingent charging on defined benefit (DB) transfer advice for the second time in less than a year.
The Financial Conduct Authority (FCA) has fined Standard Life Assurance (SLA) nearly £31m after its practices led to conflicts of interest and SLA employees putting their financial needs above those of the firm's customers.
The deficit in the Financial Conduct Authority's (FCA) defined benefit (DB) scheme fell by £32.3m over the course of the year to 31 March this year, the watchdog has revealed.
Pension fund investors could face further disclosure requirements on ESG matters as an industry working group considers fresh law for trustees for as soon as next year.
Boris Johnson would be detrimental to pensions if he becomes prime minister later this month, a majority of Buzz respondents said.
Rory Murphy says pension funds must do more to embrace and reflect the diversity among their membership.
This week's top stories included the Financial Conduct Authority announcing it would carry out further investigations on defined benefit transfers.
The FCA will carry out further work on defined benefit (DB) transfers after it revealed "concerning and disappointing" findings from its marketwide data gathering exercise.
Financial advice firms that did not respond to the Financial Conduct Authority's (FCA) market-wide defined benefit (DB) transfer questionnaire could see their regulatory permissions revoked.
Asset managers must begin publishing engagement policies for investee companies in a bid to improve stewardship, transparency, and stakeholder relationships.
This week's Pensions Buzz respondents have decidedly rejected former energy and climate change secretary Sir Ed Davey's argument that schemes should divest from fossil fuel intensive companies.
The Financial Conduct Authority (FCA) has launched a consultation on the intergenerational implications for pensions in both accumulation and decumulation for savers.