TISA launches survey
The Financial Conduct Authority (FCA) want to completely exclude pension wealth from high net worth investor (HNWI) calculations in order to prevent retirees losing their nest egg in high risk sophisticated investments.
'Everyone is still working out their value'
Ros Altmann has been named as the next pensions minister, replacing Steve Webb.
Ros Altmann is to be nominated as a Conservative peer and will be made a minister with responsibility for consumer protection if the party wins next month's general election.
The Financial Conduct Authority (FCA) has made it a requirement for firms to rank their annuity products against their peers and simplify the information they give to consumers in the form of wake-up packs.
Rathbone Unit Trust Management's CEO Mike Webb talks about pension reforms, the upcoming MiFID regulation and the value-added aspect of active management.
Schroders has launched a fund to help defined contribution (DC) members coming up to retirement take advantage of incoming Budget flexibilities.