News

The abolition of consultancy charging could open up opportunities for advisers according to Scottish Widows chief executive Toby Strauss.

Pensions minister Steve Webb says current at-retirement processes are outdated and asked whether the industry must "do decumulation differently."

Pensions minister Steve Webb has confirmed that an update for the defined ambition (DA) project will be published in the summer.

Industry figures could not agree on whether the pensions market should move towards offering fewer, large scale products to employers.

Movements in financial markets have a far greater impact on investment fees paid by schemes than manager performance, according to research from LCP.

The National Employment Savings Trust (NEST) has more than doubled its membership figures within the last month, according to its latest figures.

MyCSP has appointed Ian Merga as chief operating officer and Graeme White as head of operations in Cheadle.

Xafinity Consulting has appointed former KPMG partner Jeff Hunt as deputy managing director.

Standard Life has appointed Peter Kane and Martyn Chappell to senior business development roles in its workplace division.

Eversheds partner Terry Saeedi and three colleagues have joined rival law firm Gordons to launch its pension team.