The Bank of England (BoE) has launched its biggest ever review into the fixed income, currency and commodities (FICC) markets following a string of recent scandals.
The AMNT’s Janice Turner says IGCs must have member representatives
The Financial Conduct Authority (FCA) expects the guidance guarantee to "help people understand the questions they should be asking", not offer choices for them, director of policy David Geale has told MPs.
Liverpool has been alive with industry figures attending the National Association of Pension Funds (NAPF) annual conference this week, and here are the top ten stories from the event.
What schemes have to do and when
The industry is not satisfied with efforts to improve contract-based governance
Concerns are growing that defined contribution (DC) members who opt for income drawdown at retirement might not understand the risks they are exposed to.
Natasha Browne looks at responses to the FCA’s guidance guarantee consultation
Michael Klimes looks at the arguments in favour
Henry Tapper says pension schemes need a good hard dose of the FCA