Experts have slammed today’s recommendations of the Parliamentary Work and Pensions Committee.
The FCA has unveiled new rules which force fund managers to ensure value for for investors.
In the final report of its inquiry into Pension freedom and choice published today, the Work and Pensions Committee has called for a package of measures to create better informed, more engaged pensions savers, and a “default decumulation pathway” to protect the less engaged.
Hargreaves Lansdown has launched a new service, Simply Invest, aimed at first-time investors.
A programme of enhanced workplace savings has been launched by Scottish Widows, including a SIPP.
The Pensions Regulator is to prosecute a national recruitment firm, its directors and some of its senior staff, on the suspicion that they illegally opted employees out of their pension scheme.
Government figures have revealed “drastic” pensioner income inequality.
The managing director of a Norfolk-based financial advisory has taken time out to be a volunteer at the Commonwealth Games on the Gold Coast, in Australia.
The FCA has warned it will “take action” against general insurance firms who flout renewal rules.
Royal London has reported “strong” new business and profit growth.