08/07/2017
CYBG scheme closure highlights industry's 10-year funding headache
The closure comes as further evidence emerges of the high cost of DB arrangements for employers
Pensions
07/07/2017
UK company pension recovery plans put lifeboat at risk
Extended schemes to repair deficits increase potential for future claims, says PPF
06/30/2017
AXA Wealth rebrands to Phoenix Wealth
We recognise how important the on-line offering is to advisers and their customers and we are committed to continue to offer this key service.
06/28/2017
Scottish Widows calls for 12% AE contribution by 2020
The group argued a 12% minimum AE contribution was an adequate savings level and should be implemented by 2020.
06/27/2017
Retirement aspirations rely on twin pillars of health and wealth
The research carried out in countries spanning Europe, the Americas, Asia and Australia, highlights that achieving retirement aspirations requires more than saving, investing and planning, it also depends on staying in good health.
06/15/2017
Mission accomplished for the UK’s pension provision? David Newman, Close Brother
Saving the bare minimum is simply not an option to support the retirement people desire.
06/13/2017
FCA set to recognise new CISI pension transfer qualification
The FCA's quarterly consultation paper proposed its formal inclusion in the list of qualifications appropriate for regulated activity as a pension transfer specialist.
06/08/2017
FCA cracks down on transfer advice
In response to reports that companies still operating in the space have had their processes scrutinised, the FCA said it was not carrying out an industry-wide assessment.
06/06/2017
Younger workers would benefit from State Pension Triple Lock
The research showed support amongst younger groups for state pension to be increased only with price inflation
06/01/2017
Charles Stanley completes pension arm sale
Charles Stanley stated the disposal is in line with its strategy to focus on its wealth investment management activities.
05/29/2017
Aviva considers offering advice on leaving final-salary pensions
Market in exchanging guaranteed income for lump sum remains controversial
05/28/2017
Pension scheme fraud investigation
The Serious Fraud Office said more than 1,000 people had invested a total of about £120m since 2011.
05/25/2017
UK urged to prepare for workforce of 80-year-olds
World Economic Forum predicts gap in pension savings quadrupling to £25tn
05/23/2017
Veolia UK Pension Trustees hires Schroders for £880m fiduciary management mandate
The deal has seen Schroders' assets under fiduciary more than double to a total of 1.3bn across 17 different clients.
05/17/2017
LGPS launches cost transparency code for asset managers
It comes after funds encountered difficulties in getting such data from asset managers.
05/12/2017
Britain's booming pension funds see retirement income surge by 12 per cent
The typical pension fund has surged over the past year, pushing retirement income to its highest level since the summer of 2014, analysis has revealed.
05/12/2017
FTSE 100 groups offer staff cash instead of pension contributions
Cuts to tax-free allowances spur high earners to change tactics on retirement savings
05/11/2017
"French national pension fund for the self-employed appoints Societe Generale Securities Services for custody services"
This mandate illustrates SGSS’ capacity to provide a quality institutional offering on a competitive cost basis.
04/27/2017
HMRC Still Suspects QROPS Are Breaking Pension Rules
The measure suggests HMRC believes some providers or jurisdictions have wrongly signed off they meet UK QROPS rules.
04/11/2017
Boal & Co signals move away from Asia in Malta Qrops debut
He added that Boal & Co will be offering transfers free of charge between its existing Qrops and the new Malta Pension scheme.