Fidelity

Catrina Holme has been appointed non-executive director of Mercer's UK board.

The Pensions Ombudsman (PO) has ordered Fidelity Investments and Towers Watson to compensate a scheme member who lost out due to a "needless delay" of his transfer request.

Fidelity Worldwide Investment has appointed Kim Nash, Rachel Brougham and David Felder to its independent governance committee (IGC) and master trust board.

Only one in seven people retiring in the next 12 months have done extensive research about their options according to Fidelity Worldwide Investment.

DB members get far more pension for their tax than DC members

The government should look into the glaring inequality in the tax system that favours defined benefit (DB) pension schemes over defined contribution (DC), Alan Higham has said.

Controversial proposals to allow existing pensioners to sell their annuities for cash - and insurers to compete for the contracts - are to be discussed by ministers this week ahead of the 18 March Budget, according to reports.

People retiring after April do not understand the tax implications of ‘freedom and choice' with one in ten believing they can access their whole pot tax-free, research finds.

Fidelity has extended its defined contribution (DC) platform to give customers access to incoming retirement flexibilities but warned that operational capability alone will not ensure the policy is successful.

There are still too many people in financial services who think they can "keep their customers where they want them" by quietly carrying on with old-style practices, Pensions minister Steve Webb has said.