Three things we learned this week

Industry split on scale argument Industry figures could not agree on whether the pensions market should move towards offering fewer, large scale products to employers. The discussion arose at the launch of Scottish Widows' UK Pension Report when the panel was asked how small businesses will pay for advice following the abolition of consultancy charging. TUC assistant general secretary Kay Carberry said offering fewer products underpinned by quality guarantees in a trust-based model would reduce the need for employers to seek advice and lead to better member outcomes. To read more...