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Benefits Guru to launch financial wellness ratings for pension providers By Jean-Baptiste Andrieux 6 Benefits Guru is launching a set of financial wellness ratings for employers and corporate advisers. The ratings aim to help advisers and employers identify what propositions will help improve financial outcomes for the consumer. They also intend to highlight areas where providers could enhance their offerings. Benefits Guru defines financial wellness as having finances in order and positioned for a secure and long-term financial future. According to a report from Close Brothers, two in five workers in the UK said they had lost sleep because of financial anxiety in wake of Covid-19. ....
People moves: Swedish premium pension inquiry adds Secoria duo ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.
So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download Find whitepapers ....