The Financial Conduct Authority (FCA) is "well behind the curve" on pensions freedom regulation and is operating a watching brief to act after things go wrong, Bruce Moss has said.
DB transfer advice: Is it worth the reputational risk?
Clients looking to transfer out of defined benefit (DB) pension schemes could struggle to find willing advisers and providers to facilitate the shift, leaving them at greater risk of falling victim to fraudsters, Neil MacGillivray has warned.
There, I've said it... DB transfers are not all bad
A substantial minority of defined benefit (DB) pension scheme members are intent on transferring out to take advantage of pensions freedom, research has found.
The Financial Conduct Authority (FCA) has published the final rules on the independent governance committees (IGCs) that must be set up by providers of contract-based pension schemes.
While pension savers back the upcoming pension freedoms they are ‘daunted' by the scale of choice on offer and want providers to offer them a default investment or drawdown choice, research has found.
Schroders has launched a fund to help defined contribution (DC) members coming up to retirement take advantage of incoming Budget flexibilities.
Seven out of ten defined contribution (DC) pot holders aged over 55 would prefer pensions to deliver a guaranteed income for life, according to research published by the International Longevity Centre-UK (ILC-UK).
Here they are… The key findings of the Independent Project Board's final report into the charges and benefits in workplace defined contribution schemes, published today.