A legacy committee to deal with historic issues is being created by the Association of British Insurers (ABI) as part of a shake-up of the group's internal structure.
The quality of data collected by Pension wise needs to be improved to see whether freedom and choice is working, the work and pensions committee has heard.
The pensions industry is overpopulated with acronyms and many in the sector would be relieved if there were fewer of them. But IGC - the independent governance committee - are three letters that cannot be ignored.
More than £1.8bn was withdrawn from pension pots in the first two months after the introduction of freedom and choice, according to the Association of British Insurers (ABI).
Auto-enrolment safeguards will not prevent mis-selling on an industrial scale
Here they are… The key findings of the Independent Project Board's final report into the charges and benefits in workplace defined contribution schemes, published today.
The government is looking into exit fees levied on people cashing in their defined contribution (DC) pots, but has as yet no plans to intervene, says Steve Webb.
The Law Commission has called on the government to explore regulating investment consultants.
The build-it-yourself approach to pensions is an expensive and unsatisfactory experience, says Con Keating
Rachel Dalton says insurers should already know what good governance looks like