Pension providers will be required to implement a 'stronger nudge' to Pension Wise guidance from 1 June 2022 under new rules from the Financial Conduct Authority (FCA), published today (1 December).
The changes aim to make it easier for consumers to book a free Pension Wise appointment, with providers required to refer customers to, and explain the nature and purpose of, Pension Wise guidance
The Department for Education has launched a consultation on proposed changes to the Teachers’ Pension Scheme (TPS), which look to address the age discrimination identified in the McCloud case
The Financial Services Compensation Scheme (FSCS) has received more than 1,000 claims from former members of the British Steel Pension Scheme (BSPS)
Bulk annuity market volumes for 2021 are expected to total around £30bn, despite a slower than anticipated start to the year, according to analysis from Barnett Waddingham
Changes to the funding regime for defined benefit (DB) pension schemes could release almost "half a trillion pounds'" worth of assets to be invested elsewhere, such as productive finance, according to analysis by PwC
Understanding the importance of diversity is one thing, putting diversity into practice is another. Francesca Fabrizi speaks to some of the pension firms that are leading the way with their diversity and inclusion strategies, to assist those who are looking to learn from their peers