The pensions industry must work together to establish an efficient and consistent transfer method or risk having a poorer version inflicted upon it by the regulator, Tom McPhail has said.
The government's latest Pensions Bill will be laid before parliament today but the timing for the introduction of defined ambition (DA) pensions couldn't be worse, Tom McPhail has said.
Adrian Lowcock has left Hargreaves Lansdown after just 18 months at the D2C platform giant.
D2C Platforms attempting to undercut Hargreaves Lansdown via lower fees have not made "significant enough" reductions to lure clients away, analysts at Barclays have said.
A radical pooled pension proposal could prevent retiring workers using their funds as they please.
Chancellor George Osborne is in danger of emulating Robert Maxwell "as a destroyer of pension savings" with plans for a retirement 'guidance guarantee', Tom McPhail has warned.
Asset managers are likely to engage in a "fundamental rethink" of their retail strategies as more customers go direct in future, according to analysts at Barclays.
Hargreaves Lansdown has secured what it says is the cheapest share class in the market for Neil Woodford's new fund, selling the investment star's fund for 60bps.
Hargreaves Lansdown has said Neil Woodford's new fund management venture could provide a further boost to its business after it reported record net inflows of £1.83bn for the first quarter.
Nick Paler asks Hargreaves Lansdown chief executive Ian Gorham how the UK’s largest platform is navigating the new pricing environment