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Providers join working group to improve pension transfers

Royal London and Rothesay Life are among providers joining the Pensions Administration Standards Association’s transfers working group. The group has been set up by the industry body to look into the transfer process and what can be done to improve it. It will be chaired by PASA board director Gary Evans and examine the supply […]

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FOS: ‘We are not a consumer champion’

The chief executive of the Financial Ombudsman Service has rejected claims that the adjudicator is too consumer-focused in its approach. Appearing before some of the MPs on the Treasury committee today, Caroline Wayman said that the FOS’ objective was to decide complaints on a fair basis for both firms and individuals. She said: “We are […]

Great expectations for Japan

By James Dowey, Chief Economist and CIO Turnaround stories are an investor’s best friend. If successful, they prompt a widespread and possibly radical re-evaluation of the fair value of the associated assets. If one is brave enough to re-evaluate early on in the process then the returns can be very large. For over two decades […]

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