News

This week we want to know when you think the next UK base interest rise will occur and if investment consultants should take the lead on driving up cost disclosure.

Chris Sier has called on investment consultants to take the lead on disclosure of costs and charges as for too long asset managers have not put pension clients first.

The Pensions Regulator (TPR) has successfully prosecuted a bus company and its managing director for deliberately failing to provide staff with a workplace pension scheme.

Pension savers in their final years of work are concerned they will not be able to match the living standards of those who have already retired, according to research by Prudential.

Steve Charlton has been appointed to a newly-created role in SEI's institutional business as part of plans to grow its defined contribution (DC) proposition across Europe, Middle East, Africa (EMEA) and Asia.

This week's top stories were Broadstone Group's acquisition of Mitchell Consulting and 2020 Trustees, and TPR launching a probe into trustees' assessments of DC costs.

The majority of respondents believe low-paid earners would benefit from a salary exchange arrangement.

The average workplace pension pot for women is just £53,000, far below the £120,000 average for men, according to a study which highlights the clear gender gap in pensions.

Prudential Insurance Company of America has agreed to reinsure around $1.2bn (£920m) of Pension Insurance Corporation's (PIC) longevity risk.

The much-anticipated ban on pensions cold-calling will be presented to parliament in "early 2018", the government has confirmed.