Steven Cameron

New open-ended funds designed for infrastructure and private assets

The Treasury is set to save around £4.5bn from the increase

Holly Roach explores fears about the possible capacity constraints of stronger nudge policies

A freedom of information request submitted by Aegon did not return an answer

Aegon is reiterating its call for the £4,000 MPAA limit to increase to £10,000

The industry has responded positively to the regulators’ consultation

Aegon has criticised pension guidance proposals for detracting from other forms of support

Contract-based pension providers could be required to nudge savers to book Pension Wise appointments before accessing their savings.

The industry has provided a predominantly negative response to the confirmation today that the lifetime allowance will be frozen at £1,073,100 until April 2026.

Some £20.1bn of defined benefit (DB) pensions were advised to transfer between 2018 and 2020, while £10.2bn were recommended not to transfer, Financial Conduct Authority (FCA) data reveals.