Barclays chief executive John Varley has told MPs on the Treasury select committee that forcing banks to hold excessive capital may prevent them from being able to function profitably when the Government withdraws support.
Tory pension proposals raise more questions than answers
Sanlam UK’s chief executive is building up the South African company’s presence in UK financial services with selective partnerships and acquisitions and he considers the RDR to be a bonus as it is likely to lead to a shift in value to the client and the distributor
Do you agree with the Conservatives’ proposal to scrap forced annuitisation at age 75? Interview by Gregor Watt
Click here to download December’s Annuity Income data graphs
The National Association of Pension Funds (NAPF) recently published its 40th annual survey of workplace pensions. The survey looks at both defined benefit and defined contribution schemes.
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It is likely the increased regulatory scrutiny on fund managers’ value could filter down to advice firms in the future In my last article, I considered the influence a non-executive director could have in challenging an advice firm’s business model in light of the pension transfer issues. Now, in its asset management market study final […]
The financial services industry has failed to find ways of nudging consumers to think about their options at retirement, despite three years of pension freedoms. A panel at the Association of British Insurers retirement conference today lamented the way companies talk to people about pensions and the lack of engagement it inspires. ABI director general […]
The new chief executive of the single financial guidance body can expect a salary of £175,000 a year, according to a job advert posted online. The advert, posted on the Cabinet Office website says applications will close in mid-May with final interviews held in early July. The date for announcing the successful candidate has not […]