Patrick Heath-Lay says outcomes for savers could improve if regulators act together
Consultation responses suggest proposals risk creating ‘disjointed’ and ‘confusing’ experiences
Consultation will require DC schemes to publish ‘clear data’ on performance, costs and quality of service
But People’s Pension disappointed FCA did not recommend a ban on transfer incentives
Simple metrics more effective than factsheets at communicating value
People’s Pension finds 42% more lost from poorly informed decisions since previous year
CEO says bill marks a ‘once-in-a-generation’ moment for the industry and savers
Master trust says level of returns to members shows its ‘purpose-driven’ approach in action
Industry says IFS report offers ‘pragmatic’ roadmap to meet retirement adequacy challenges
Bill hailed by industry as a ‘once in a generation’ opportunity for workplace pensions