All Advice and guidance articles – Page 10
-
News
Unregulated companies source of 52% of all scams
On the go: More than half of all scams can be linked back to unregulated introducers or advisers, according to research by the Pension Scams Industry Group.
-
OpinionTrustees must go the extra mile for their members on transfers
Trustees are often caught between a rock and a hard place when it comes to defined benefit transfers.
-
NewsFCA investment pathway proposals welcomed, but concerns remain
The Financial Conduct Authority’s recent proposals on investment pathways have been widely welcomed, but questions remain over the suitability of ready-made drawdown solutions.
-
News
Select committee launches inquiry into contingent charging
On the go: The Work and Pensions Committee has launched an inquiry into contingent charges for defined benefit transfer advice.
-
News
SFGB opens for business
On the go: The Single Financial Guidance Body launches this week, as three existing providers of government-sponsored financial guidance merge.
-
OpinionMaking the right decisions
Editorial: Guidance can help savers make the right decisions, but not enough people are taking it.
-
News
Customers satisfied with Pension Wise, but take-up concerns remain
Nine in 10 customers who have had a Pension Wise appointment are satisfied with their experience of the service overall, a recent report has shown, but concerns remain over the take-up of the government-backed guidance service.
-
OpinionHelping pension savers make the right decisions
As a regulator, we are sometimes asked how much money should be put aside for a comfortable retirement. We can answer only that ‘it depends’ – for example on an individual’s needs and expectations, and their other assets.
-
OpinionHow to take a proactive approach to decision-making
Brian Kilpatrick, a trustee director at Law Debenture, explains how trustees can put together proactive decision-making frameworks to ensure good governance.
-
OpinionBetter guidance means better retirement decisions
The doomsayers have largely been proven wrong about freedom and choice, writes Standard Life’s Jamie Jenkins, but the weight of responsibility on today’s retirees means warnings about scams and inflation risks, alongside a long-term focus on education, are needed.
-
News
Treasury Committee scrutinises treatment of vulnerable customers
On the go: The Treasury Select Committee has today launched a new inquiry into vulnerable consumers’ access to financial services.
-
OpinionWhat mandatory tendering will mean for your scheme
Vineet Sood, senior investment consultant at Dalriada Trustees, explains what the Competition and Markets Authority’s competitive tender proposal could mean for trustees.
-
News
62% of schemes and sponsors say CMA could go further
Sixty-two per cent of trustees and employers believe the Competition and Markets Authority has not gone far enough in its recommendations for the investment consulting and fiduciary management market, according to an XPS Pensions survey.
-
NewsFCA to carry out further research on contingent charging
The Financial Conduct Authority has said it needs to carry out more analysis on whether to ban contingent charging, recognising that charging for advice only when a member decides to transfer does not in itself drive poor outcomes for consumers.
-
OpinionTrustees must not shirk responsibility on DB transfers
From the blog: The Merchant Navy Officers Pension Fund has, in common with many other defined benefit pension schemes, seen a significant increase in transfers out of the fund since the introduction of pensions freedoms introduced three years ago under the then pensions minister, Steve Webb.
-
News
Cost concerns hinder company action on staff financial wellbeing
Forty-nine per cent of employers currently have no defined financial wellbeing strategy in place, a recent survey has found, as experts urged corporate boards to tackle the subject formally.
-
Features
Bulk annuities: How should schemes approach the market?
Analysis: 2018 has been a very busy year so far for buy-ins and buyouts, with plenty of competition and attractive insurer pricing.
-
OpinionGuidance will have to replace advice for low earners
Independent financial advice is simply not an option for many lower earners striving for a comfortable retirement, so key changes are needed to upgrade the quality of guidance, says Charles McCready of the Tax Incentivised Savings Association.
-
News
Improved engagement more urgent than product innovation, says PPI
Savers can achieve positive outcomes with the range of products already available to them, according to a Pensions Policy Institute report emphasising the importance of engagement in helping people make more informed decisions.
-
OpinionShould I stay or should I go?
Editorial: Moving away from the security of a guaranteed defined benefit fund is a big decision to make. For many, it may be the wrong decision.