RSMR's Geoff Mills says the first thing he would do if he was head of the FCA for a day would be to look at firms' gift and entertainment registers - though perhaps not for the reason you might expect.
"I just feel the recent focus on inducements and entertainments for people to do what has happened in commerce for hundreds of years but is now frowned upon is rather disappointing," he explains. Tongue...
Reacting to higher US rates
‘Charity lump sum death benefit’
The increase in minimum AE contributions has had little impact on opt-out rates - with cessations after April increasing by less than two percentage points, data from The Pensions Regulator (TPR) shows.
Follows string of appointments
Follows acquisition of BlackRock's DC platform