News

The National Association of Pension Funds is investigating steps it can take to help DC members get a better deal at retirement - hinting at the launch of a broker service.

Life expectancy for typical retirees has fallen by several months, according to analysis of mortality data.

The next government must "brave up" and start raising auto-enrolment (AE) contribution rates towards 12% to 15% to manage expectations of savers, the head of the National Association of Pension Funds has said.

The Financial Conduct Authority (FCA) has said it is reassured by the progress banks have made in moving away from incentives-based sales models but it is still concerned about how investment and protection products are sold to consumers.

The Association of Member-Directed Pension Schemes (AMPS) has appointed James Hay's Neil MacGillivray as chairman with immediate effect.

Firms must learn from the mistakes of their peers to avoid falling foul of the regulator's rules and its increasing willingness to dish out large fines, a consultancy has warned.

The Prince of Wales has called on the pensions industry to ditch its "short-term outlook" or risk condemning the country to a "miserable future".

Edward Troughton, managing director of Alliance Trust Investments, is to leave the group to pursue another opportunity in the industry.

The Channel Islands Stock Exchange (CISX) has stopped admitting new members after "defects" were discovered in the way it was set up.

Natixis Asset Management has launched a global multi-asset fund for managers Michael Aflalo and Pierre Radot.