Financial Services Compensation Scheme
Nicky Morgan among trio to join FSCS board
Baroness Nicky Morgan has been appointed as a non-executive director of the board of the Financial Services Compensation Scheme (FSCS) alongside Cathryn Riley and Wendy Williams.
Annuity complaints fall to pre-pension freedom levels
All other pension complaints up
PPF hires non-executive director
Jayne Nickalls has been appointed a non-executive director by the Pension Protection Fund (PPF).
FCA mulls FSCS compensation limit increase
The Financial Conduct Authority (FCA) is considering changing the way consumer compensation limits are structured after some firms suggested insurance and investment limits should be aligned.
DC asset security working party publishes guide for trustees
A guide has been launched to help trustees understand what protections are available for defined contribution (DC) assets by the Security of DC Assets working party.
Working group launched to clarify trustee DC investment duties
Industry figures have established a group to help trustees understand their responsibilities towards the security of member assets in defined contribution (DC) schemes.
FSCS hits pension advisers with £20m interim levy
The Financial Services Compensation Scheme has slapped a £20m interim levy on life and pensions intermediaries as it deals with "bad" self-invested personal pension (SIPP) advice.
Cass: Funds must disclose underlying holdings to make active share a reality
Dr Nicholas Motson, a lecturer in finance at the Cass Business School, has called for greater disclosure of fund holdings to allow researchers to calculate retail funds' 'active share'.
Industry calls for regulators to fill life fund compensation gap
Industry figures have called for regulatory intervention to solve the compensation gap for members within third-party life funds.
A liberation into poverty?
Jenna Towler investigates the opaque world of pension liberation and loans.
