single financial guidance body
MAPS launches with plea for collective action on financial wellbeing
The Money and Pensions Service (MAPS) has launched under its refreshed name, calling on the industry to help design its first strategy on financial wellbeing.
Dashboards will democratise retirement planning
Dashboards will boost savers' comprehension and confidence in long-term saving, say Guy Opperman and Sir Hector Sants
Five stories you may have missed this week
This week's top stories include news that Aon had launched and then abandoned talks with Willis Towers Watson over a potential merger.
SFGB renamed Money and Pensions Service
The Single Financial Guidance Body (SFGB) will be rebranded as the 'Money and Pensions Service', the government has announced.
FCA reforms wake-up packs; consults further on investment pathways
Pensions wake-up packs must be reformed by November this year to comprise a single-page summary document, the Financial Conduct Authority (FCA) has said.
Trustees 'need professional help' on communications, finds British Steel review
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
A controversial consultation on pensions dashboards
Henry Tapper says proposals to tender the data architecture, putting one organisation or consortium as sole pension finder - are proving contentious
Financial guidance bodies merge under temporary SFGB name
The Pensions Advisory Service, Pension Wise and the Money Advice Service have now been merged to form the Single Financial Guidance Body (SFBG) after months of preparation.
NEST: The end of AE staging heralds a new focus on outcomes
NEST's director of business development Helen Dowsey speaks to James Phillips about communications, sidecar savings, and retirement products.
Dashboards should be on trust board agendas sooner rather than later
Steve Webb says pension schemes would be ill-advised to sit back and defer consideration of the implications of a dashboard for them.
Better late than never for pensions dashboard
Jonathan Stapleton says now the DWP has given the project the green light to proceed, it is now up to the industry to make sure it happens.
DWP names three single financial guidance body non-execs and completes board
The Department for Work and Pensions (DWP) has completed its appointment process for the Single Financial Guidance Body's (SFGB) board, naming three non-executive directors.
TPAS sees 9% drop in enquiries in final year
The Pensions Advisory Service (TPAS) helped 187,000 people in 2017/18, a 9% fall on the previous year despite setting up special helplines for specific scheme members.
DWP names first two single financial guidance body non-execs
Ann Harris OBE and Mike Dailly have been appointed non-executive directors at the upcoming single financial guidance body (SFGB).
Government dashboard support vital in pension freedoms world, says IFoA
A set of recommendations to help the pensions industry deliver its objectives and better communicate with people over pensions issues has been published by the Institute and Faculty of Actuaries (IFoA).
DWP names chief executive of single financial guidance body
John Govett has been appointed chief executive of the single financial guidance body (SFGB), the Department for Work and Pensions (DWP) announced today.
Treasury delays cold-calling ban
The government has confirmed the long-awaited ban on pensions cold-calling will now be delayed until Autumn.
Five stories you may have missed this week
This week's top stories included The Pensions Regulator (TPR) issuing its first fine to a scheme for failing to file up-to-date information, and publishing its analysis of schemes with 2018 valuations.
Updated: Former FSA-chief Hector Sants named as single guidance body chair
Former Financial Services Association (FSA) chief executive Hector Sants has been appointed as chair of the new, incoming single financial guidance and claims body.
DWP says cold-calling ban to be enacted 'swiftly'; guidance will become default
Swift action to ban cold-calling has been promised by the government in a bid to stem the flow of pension savers being lured into scams.
Opperman: Govt and industry need to work together for best consumer outcomes
The government and the industry "need to work in partnership" to enable savers to take control of their future, pensions and financial inclusion minister Guy Opperman has said.
Opperman: Pensions policies will not be de-railed by Brexit
The pensions and financial inclusion minister has rejected suggestions that the government is dominated by Brexit discussions and has no time to deal with pensions issues.