Aims to prevent greenwashing and help firms create 'rigorous and robust transition plans'
But minister says simplifications in the pensions system must start with DC
Savers barred from switching to a new scheme with a protected pension access of age 55
The UK will become the first G20 country to enshrine mandatory disclosures in law
BoE, Treasury and FCA group outlines ideas for an easier investment environment for DC
The UK is investing £10m in a national green finance research centre that will advise lenders, investors and insurers, enabling them to make environmentally sustainable decisions, and support a greener global economy.
The industry has raised serious concerns that Financial Conduct Authority (FCA) transfer advice proposals on illustrative figures could hamper schemes’ ability to help members to understand their retirement options and force many to take full regulated...
The government has admitted it has never provided a “straightforward and proportionate” solution to the challenges in the current pensions tax relief system in a call for evidence this morning (21 July).
The government has been urged to extend the scheme pays deadline for NHS Pension Scheme members in light of the Covid-19 crisis.
The government’s proposal of temporary changes to pension tax for public sector workers amid the Covid-19 pandemic is the fairest choice, says Royal London.