In an era of mobile devices, working remotely and Cloud computing, the modern way of working means data security is increasingly crucial. One wrong move could ultimately bring down a company if sensitive data gets into the wrong hands. It is easy to be derisory of the security lapses committed by others. Briefcases or laptops […]
Consumer champions have branded the new Independent Governance Committees for contract-based schemes “retirement homes for financial services executives, actuaries and investment bankers”. But providers have hit back, claiming the committees provide greater consumer protection than trust-based schemes. The requirement for governance committees to be established for auto-enrolment schemes was introduced following the Office of Fair […]
Just Retirement has seen annuity sales drop by 37 per cent for the three months to 31 March, with total sales also falling 45 per cent. For the quarter, annuity sales tumbled from £338.1m to £213.4m, while total sales fell from £497.3m to £276.1m. For the nine months to March annuity sales were down 15 […]
Royal London is calling on the Conservative Government to merge the Money Advice Service with The Pensions Advisory Service in a bid to boost financial literacy in the UK. Ros Altmann, who has now been appointed pensions minister, is set to investigate expanding the remit of Government-backed guidance service Pension Wise to all working people. […]
As more and more employers reach their auto-enrolment staging date, thousands of HR, pensions and finance professionals have been tasked with navigating the minefield of ongoing scheme governance and auditing with little support.
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