Retirement
High-risk pension quartet banned for 21 years
Four trustee directors behind a high-risk UK pension scheme have been banned following an Insolvency Service probe.
Best Practice | 9 Jul 18
12 tips to keep DB transfer PI costs down
Professional Indemnity insurers have a problem with pension transfers, so broker Howdens has put together 12 things advisers can do to help mitigate the risks and the costs.
Mattioli Woods cites PI costs for pension transfer exit
UK-based Mattioli Woods has blamed the increasing costs of professional indemnity (PI) insurance for its decision to exit the pension transfer market.
Best Practice | 2 Jul 18
Pensions industry shuns cash-poor millennials
Millennials have largely been left in the lurch by pension providers who assume they are too cash poor or disinterested to engage with investing for their future.
Retirement | 28 Jun 18
UK regulator threatens drawdown fee caps
The Financial Conduct Authority has warned the pensions industry to clarify its charges or face caps, as part of a bid to drive up engagement and reduce costs for retirees in drawdown.