There is still a lack of consensus around some of the key features of auto-enrolment, including who should be included in the scheme, according to the chairs of the group working on the Government’s review. The Department for Work & Pensions published its terms of reference for the review in February. That document said the […]
The Pensions Regulator is starting a thematic review into whether trustees are suitably assessing the costs and charges paid by members. The regulator believes many trustees of small and micro schemes might not be properly assessing value. The thematic review will look at the explanation of the value for member assessments made by 100 small […]
Old Mutual Wealth must compensate a couple after showing incorrect information on its website that led them to believe they could not move their money out of certain under-performing funds. The couple, Mr and Mrs F, made a complaint to the Financial Ombudsman Service about Old Mutual Wealth Life Assurance saying its website wrongly claimed […]
A solicitor or dentist wouldn’t meet clients at home on a Thursday evening, so why should advisers? We must change the perception of our profession
The Retail Distribution Review (RDR) brought many benefits to the UK pension industry, but it also created an advice gap, resulting in consumers with the smallest funds struggling to access advice at a suitable price
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