Money Marketing

1 day ago | moneymarketing.co.uk | Momodou Musa Touray |Darius McQuaid |Steven D. Levin

Millions of UK workers are set to benefit from the Pension Schemes Bill, introduced today (5 June), as the government moves to simplify pension saving, improve outcomes, and boost retirement confidence. Key reforms include the automatic consolidation of small pension pots, helping savers manage pensions accumulated across multiple jobs. The Bill will also require defined contribution (DC) schemes to prove value for money, protecting savers from poor returns.

2 days ago | moneymarketing.co.uk | Darius McQuaid |Kevin Carr |Darius McDermott |David Hall

A retail investor who put £120,000 into the unregulated firm Basset & Gold (B&G) said he has “zero faith” in the FCA after being offered just £200 in compensation. The Complaints Commissioner, set up the the FCA to investigate complaints against it, said it expects to “receive a number of objections” after the decision. Towards the end of May, the FCA apologised to B&G investors and admitted some failings in how it dealt with the case, but did not uphold all complaints made.

2 days ago | moneymarketing.co.uk | Momodou Musa Touray |Darius McQuaid

Global wealth management platform FNZ is facing mounting pressure from employee shareholders after institutional investors CDPQ and Temasek exercised warrants tied to the company’s recent capital raises. This has triggered what some insiders describe as a “significant and unfair” dilution of their holdings. Money Marketing understands the warrants were issued as part of three successive FIAT transactions, through which FNZ raised around US$1.5bn in new capital.

3 days ago | moneymarketing.co.uk | Rory Marsh |Darius McQuaid |Momodou Musa Touray |Greg Neall

We love a three-letter abbreviation in our industry. And this year we marked a milestone for IGCs (Independent Governance Committees) and their focus on VFM (Value for Money). April 2025 was the 10-year anniversary of the establishment of IGCs for all major providers of contract-based workplace pensions. So, let’s say HHH (Hip Hip Hooray). OK, maybe I made that last abbreviation up.

3 days ago | moneymarketing.co.uk | Momodou Musa Touray |Ian McKenna |ian mckenna |Darius McQuaid |Lyndon White

Aviva has unveiled a new suite of technology enhancements, developed in partnership with FNZ, aimed at improving the adviser experience on its platform. The innovations follow last month’s launch of Aviva’s Onshore Bond and are now live with a select group of adviser firms ahead of a broader rollout later this year. Central to the new developments is Aviva Analytics, a sophisticated management information (MI) tool that will be housed in a redesigned Adviser Hub on the Aviva Adviser Platform.