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Wells Street Journal: Pension experts escape to the Caribbean

It seems the heat produced by the roll out of the new freedoms is not enough for some pension experts who have swapped mild Blighty for the tropical heat of the Caribbean. Fidelity Worldwide Investment retirement director Alan Higham and LEBC group savings and investment divisional director Glynn Jones are due to fly to Grenada […]

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Conservatives to appoint Ros Altmann consumer protection minister

Ros Altmann is to be made a peer and appointed as a minister responsible for financial consumer protection and education, if the Conservatives are in government after the election. Altmann’s first task will be to lead a review of the pension reforms, including the future of the Money Advice Service and whether a charge cap […]

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Stephanie Flanders: A market to buck global equity trends

Some countries look better than others in today’s global bull market. For example, Europe may suffer from market jitters at the possibility of a Greek debt default and US equities are facing the twin headwinds of a higher dollar and pressure on margins. By comparison, Japanese equities are unlikely to be buffeted in the same […]

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High Court winds up £880k property scam offering 51% returns

The High Court has wound up a scam property fund which took £880,000 from investors and promised returns of up to 51 per cent a year. The FCA says the fund was wound up earlier this month at its request and a liquidator appointed to investigate Hermay’s activities. The regulator says the firm had been […]

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What does value for money in a DC default look like?

Lorna Blyth – Head of Investment Solutions The phrase ‘value for money’ is fast becoming a favourite phrase of the pensions industry. The regulator sees ‘value for money’ as a key outcome for workplace pension members and as a result both providers and Independent Governance Committees (IGCs) are keen to evidence it. But what is it […]

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