Imogen Tew
- News
Shareholders force executive pension cuts in FTSE 100 companies
On the go: Calls from shareholders have forced FTSE 100 companies to bring executive pension contributions in line with those received by the majority of their workforce, according to the Investment Association.
- News
Woodford investors face year-long wait for remaining funds
On the go: Investors trapped in Neil Woodford’s former flagship fund, including Kent County Council Superannuation Fund, could face a wait of up to one year for the rest of their cash.
- News
Blow to investors as TPR rules risk further dividend drought
On the go: New guidance from the Pensions Regulator could prolong the “dividend drought” currently hampering income investors, experts have warned.
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FCA writes to 7,700 steelworkers and bans contingent charging
On the go: The Financial Conduct Authority is to write directly to 7,700 former members of the British Steel Pension Scheme to invite them to revisit the advice they received, while going ahead with a ban on contingent charging for defined benefit transfers.
NewsCovid-19: Volatility returns to markets after UK banks scrap dividends
While UK banks suspended dividend payments amid pressure from the regulator, European markets returned to volatile conditions. Meanwhile, FTSE 350 companies’ defined benefit schemes reached an accounting surplus.
NewsCovid-19: Markets bounce back; bulk annuity prices drop
While the FTSE 100 registered the biggest one-day gain since 2008, bulk annuities seem to be significantly more affordable than they were before. At the same time, alternative assets have not seen the biggest impact yet. Read our round-up of pensions and finance news about the coronavirus outbreak.
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FCA launches pensions advice market review
On the go: The Financial Conduct Authority is set to embark on a fresh crackdown on financial advisers, where it will analyse whether savers are receiving unsuitable pensions advice.
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Lib Dems in NHS pensions pledge
On the go: The Liberal Democrats have pledged to find a solution for the pensions crisis driving senior NHS staff to turn down extra work, but stopped short of any commitment to end the annual allowance taper.