The Financial Services Compensation Scheme (FSCS) has drawn attention to instances where people lost their pension savings as a result of receiving unsuitable advice about pension consolidation and has assisted them in obtaining...
The Pensions and Lifetime Savings Association (PLSA) has published policy recommendations to encourage further investment by suitable pension schemes in assets that can help drive growth in the UK economy. The report offers...
The Government’s Taskforce on Social Factors (TSF) has made 30 recommendations on the how UK pension schemes can better incorporate social factors into their investment decisions. These proposals, contained in a guide,...
First Actuarial has appointed David Parfett and Lee French to be co-heads of its defined contribution business. French joins First Actuarial from a directorial role at Corinthian Benefits, where he was responsible...
Broadstone has appointed Jason Oliver to be a senior consultant, with a specific focus on business development. Oliver joins from Capita where he was director of business development and prior to this...
Duty should be on trustees to support decumulation decisions through the offer of products and services. Speaking at the Pensions and Lifetime Savings Association (PLSA) annual conference pension head of policy collective...
Charges across most types of large pension schemes fell between 2022 and 2023, with bundled own-trust, unbundled own-trust and master trusts charges all falling, according to research from Barnett Waddingham. A report...
Only the poorest pensioners stand will see the full benefit of the 8.5 per cent increase in the state pension expected next year, under the terms of the triple lock. This should...
The government is focused on making the UK pensions and investment market the best version of itself rather than “cloning” other countries’ approaches. Speaking at the Pensions and Lifetime Savings Association (PLSA)...
The DB pensions industry, although unintentionally, operates in misalignment with the government’s productive finance agenda due to differing incentives. This was the main takeaway from a WTW presentation at the Pensions and...
