Personal Pensions
The government must tackle the regulatory arbitrage created by the European Court of Justice’s (ECJ) ban on gender-based underwriting, Standard Life has said.
Insurer Aegon has warned of the “disastrous” ramifications of removing trail commission following a fund switch – a move the FSA hinted at in its latest consultation paper on legacy commission.
An IFA has claimed Standard Life removed him from his client’s policies without instruction.
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The news from Scottish Widows that 50% of women are now saving properly in pensions is welcome, but retirement equality is still a long way off.
Mark Lisle, compliance manager at Rowanmoor Pensions, thinks it highly unlikely future generations will consider these among the pension glory days...
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