Proposals for mandatory tendering of fiduciary management services, as well as additional guidance for trustees, have been welcomed by industry commentators albeit with some caution.
Sterling has fallen on the back of inflation figures released this morning, which show the UK Consumer Price Index (CPI) remained steady at 2.4% in June.
The Competition and Markets Authority (CMA) published its provisional decision on its investment consultant market investigation this morning. Here is the reaction from consultants and fiduciaries…
Investment consultants have been spared a major shake-up in their operations and business models after an investigation by the competition watchdog proposed just a handful of remedies.
Trustees of the 600 Group's defined benefit (DB) pension scheme have agreed to a £201m buyout with Pension Insurance Corporation (PIC).
Anna Genda has been appointed a director for defined benefit (DB) and defined contribution pensions (DC) at Investec Asset Management.
Scammers may be trying to steal savings from workers by falsely claiming to be calling from The Pensions Regulator (TPR), according to a warning from the watchdog.
Capital Cranfield has appointed three professional trustees to its roster in a bid to meet growing demand for its services and to diversify its skill set.
The Financial Reporting Council (FRC) has unveiled the 2018 version of its UK corporate governance code, setting out how it believes companies should approach relationships with shareholders, including pension schemes.
Secretary of state for work and pensions Esther McVey may end the government's involvement in the pensions dashboard project, according to reports.