CGT optimisation, cash management, reporting noise cited as issues
Received FCA permission
'If only the calendar could tell us when to take risk and when to retreat'
Bill will return to Lords in usual ‘ping pong’ process until both houses reach an agreement
Entered administration in 2022
To overtake ‘oil tanker’ legacy providers
Onboarding subject to permission amid systems and controls review
Tool aims to tackle “crowded and complex” market
Government will not require DC schemes to invest more than 10% of total assets