Scale of pension fraud revised upwards
The scale of pension fraud appears to be far in excess of figures reported to Action Fraud. A report published by The Police Federation highlights the scale of the problem, saying this...
News
Aegon rebrands asset management business
Aegon will retire both the Kames Capital and TKP Investment brands as it completes its rebrand. This process saw it bring its various global businesses under a single operating structure in February...
Call for beefed up regulation to prevent pension scams
The government should legislate to give pension companies and regulators greater powers to help prevent fraud and protect savers. This should include the ability to stop transfers they believe are fraudulent, even...
Triple appointment to Scottish Widows master trust
Scottish Widows has bolstered its master trust team and board with the appointment of David Butcher, Gerald Wellesley and Sharon Bellingham. Butcher, who joins Scottish Widows from Legal & General’s Master Trust,...
FTRC launches benefits info hub
FTRC is launching a data and insights information site for advisers, employers and providers’ in the workplace pensions, risk, benefits and wellness markets. The site, BenefitsGuru.co.uk, uses technology and data to provide...
Industry mourns death of LEBC founder Jack McVitie
Tributes have been paid to LEBC Group founder and chief executive Jack McVitie, who has passed away after a short illness. McVitie had pioneered an approach to scaled delivery of financial advice...
Smart Pension partners with WorkLife
Employee benefits service WorkLife has partnered with Smart Pensions to offer workplace pensions to the suite of products available on its digital platform. WorkLife offers a range of services to small businesses,...
Covid money worries hit mental health of Generation X
The financial implications of the coronavirus pandemic are causing mental health problems for many of those in the ‘sandwich generation’. More than half of adults aged 45 to 54 – who are...
Trustees warned pension illustrations could breach FCA rules
Pension consultants have warned trustees and scheme sponsors about “highly contentious” small print buried in the new FCA guidance on pension transfers. This suggests that if schemes give personalised illustrations, showing the...
New app predicts individual life expectancy
Scientists at the University of East Anglia have launched a new app that shows users how various medical and lifestyle factors impact their own life expectancy. The app uses big data from...
