Having recently killed off a guaranteed default retirement in the shape of compulsory annuities, we now hear tales of a different promised land to be reached via default drawdown, writes Rory Gravatt.
First the Financial Conduct Authority (FCA) and now the Work and Pensions Committee see this as the new way forward. The assumption seems to be that lower charges will offset the absence of any maximum...
Slow progress in improving diversity
Share purchase deal with assets of £28m
Came into effect in January
Three examples of compensation rule issues
Buying in baskets