News

Claire Teagle has been made managing director of HR Trustees following the retirement of Lyndon Jones from the role.

Nick Tinker has been made a director by Lincoln Pensions in an expansion of its senior team.

Standard Life has appointed a board to serve on its master trust with PTL managing director Richard Butcher serving as chairman.

Aon Hewitt has launched a charged custody account targeted at defined benefit (DB) schemes to act as a "buffer" in preventing trapped surpluses.

The Pensions Regulator (TPR) has launched an investigation into exit fees, charges and the defined contribution (DC) transfer process, in a bid to improve processes.

The industry must ensure the difference between guidance and advice is spelled if the public are to benefit fully from retirement flexibilities, warns the Money Advice Service (MAS).

Childcare voucher providers have won a two-year stay of execution with schemes remaining open following a delay to the government's tax-free childcare programme.

Longevity assessment specialist MorganAsh plans to operate a 'central annuity bureau' in the second-hand annuity market.

Scrapping salary sacrifice, rumoured to be part of the 8 July Budget, would do more harm than good but is likely to be high up on the Chancellor's agenda, providers have said.

The Financial Conduct Authority (FCA) is writing to all pension providers requesting data on how customers are accessing their retirement pots in the wake of the pension ‘freedoms' rolled out in April.