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MPs promise further British Steel charging probes

Work and pensions select committee chair Frank Field says it expects to publish further reports on adviser charging in light of the British Steel pensions saga. In its report on British Steel published on 15 February, the committee called for a ban on contingent charging and Field tells Money Marketing more work will be done […]

NMBA opens apprenticeship applications

The New Model Business Academy is opening applications for its apprenticeship programme this week. NMBA, part of SimplyBiz Group, was included on the register of apprenticeship training providers in March last year. In December, it received funding from the Education and Skills Funding Agency. SimplyBiz chair Ken Davy says the Government funding was lower than […]

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Fund managers to get FSCS rebate after fielding advisers’ Keydata bills

Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]

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Pensions: trouble ahead?

The pace of change in the pension’s space has been little short of astonishing, and has left thousands of employers struggling to keep their pension policy compliant, and also on the right side of current best practice and governance. Many employers, and indeed many in the pensions industry itself, would like to see a period of no change during the next term of government. This would give all sides a chance to catch up and draw breath. 

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