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The UK's planned single financial guidance body could be expected to work together with charities and the financial services sector to develop financial education programmes that meet consumer need, according to government proposals. 22 Dec 2016
The recommendation that The Pensions Regulator (TPR) be given new powers to issue punitive fines is "headline grabbing", but likely to be less effective than other proposals from a committee of MPs to address underfunding of defined benefit (DB) pension schemes,... 21 Dec 2016
This guide was last updated in August 2015.
Introduction The alphabet soup of acronyms in the pensions field can be confusing even for practitioners. The collection below is designed for non-technicians and includes pensions industry and investment industry terms and abbreviations which the lay pensions...
This guide was last updated in August 2011.
This guide was last updated in November 2015.
This guide is based on UK law as at 1 August 2015, unless otherwise stated. It is part of a series of guides on pensions. Pensions are often overlooked. They are just too complicated,...
Providers should review 'closed book' products at least once every five years, in order to ensure that customers holding products that are closed to new business are still being treated fairly, according to the Financial Conduct Authority (FCA). 14 Dec 2016
The design of funded pension arrangements, particularly defined contribution pensions, must be improved, the Organisation for Economic Co-operation and Development (OECD) has said. 07 Dec 2016
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