Jamie Jenkins: We have a bigger duty to consumers
How will the regulator’s proposed ‘consumer duty’ rules differ from the ‘treating customers fairly’ regime? We have yet to see the FCA’s draft proposals, which are expected to come into force next...
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FCA demands stronger ‘nudge’ towards Pension Wise
The Financial Conduct Authority will now require pension schemes to refer savers to Pension Wise guidance before taking benefits. Its policy statement on stronger nudges towards pensions guidance says “it is a...
Fit notes need improving- Howden research
Fit notes still require improvement a decade after their introduction, according to a Howden Employee Benefits & Wellbeing study. Howden polled 181 senior human resources, finance, and payroll experts and discovered that...
Groups call for change to menopause support in the workplace
Leading employer organisations have called on the government to appoint a menopause ambassador as part of a series of recommendations in a new report titled ‘Menopause and Employment’. The Chartered Institute of...
AXA Global Healthcare appoints new global head of distribution
AXA Global Healthcare has appointed Andy O’Cain as global head of distribution. O’Cain joins from Aetna International and will be responsible for the strategic development of all aspects of global distribution for...
Over a million UK SMEs worry productivity has dropped – Canada Life research
A fifth of SME business leaders, equivalent to over a million small business bosses, are worried that their employees’ productivity has fallen over the past 18 months, research from Canada Life has...
Almost half of policyholders fail to disclose mental health problems
Almost a third of UK adults have experienced mental health issues since the start of the Covid pandemic, but less than half of these people have sought help from their insurer to...
CA Workplace Savings Report: Market share stats and engagement performance
Bundled DC assets of lifetime savings providers, principally life insurers, grew 22 per cent in the year to 30 June 2021 to £382bn, according to the fourth edition of Corporate Adviser Intelligence’s Workplace...
Performance fees excluded from charge cap under DWP proposals
The 0.75 per cent workplace pensions charge cap will be amended to allow performance fees for illiquid assets under proposals published by the Department for Work and Pensions (DWP) today. The DWP...
Responsible investment comms ‘less effective with first time savers’ – Nest Insight research
Talking to disengaged pension savers about responsible investment and ESG issues might not be a highly effective way to engage people for the first time, according to new research from Nest Insight....
