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Ros Altmann
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Ros Altmann: ‘I have been silenced on pension issues’

Pensions minister Ros Altmann says she has been “silenced” by former work and pensions secretary Iain Duncan Smith, particularly on the issue of women’s state pensions. In a statement published over the weekend following Duncan Smith’s explosive resignation, Altmann argues his departure is more about his stated position for the UK to leave the European […]

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Treasury slashes Pension Wise budget

The Treasury has slashed the Pension Wise budget by more than a quarter, with advisers’ levy for the service set to drop by £2m. Documents published by the FCA alongside its 2016/17 business plan reveal the budget for the existing guidance service will drop 27 per cent, from £39.1m to £28.7m. The 2016/17 funding requirement […]

Prudential_new

Pru scraps workplace exit fees and cuts charges 15%

Prudential is to scrap all exit penalties for its workplace pension customers and reduce charges by an average of 15 per cent. The move comes as part of the insurer’s independence governance committee’s first annual statement and follows Money Marketing’s revelation earlier this month that Standard Life and Prudential were planning to cap exit fees. […]

Unrated bonds: broadening horizons

Ewan McAlpine, Senior Client Portfolio Manager, provides insight into how RLAM’s bond team use their skills to seek unique opportunities and greater diversity than that offered by traditional areas of the bond market, describing how they invest in unrated securities as well as rated securities to broaden the horizon of fixed income investing. Read the […]

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