CRA was asked by the ABI to conduct research into the market impact of encouraging Customer Agreed Remuneration (CAR) as a method for determining intermediary remuneration for financial advice. The objective was to assess its impact on actual or perceived bias resulting from the current remuneration models, and whether it encourages additional saving and greater provision of advice.
Pension risk transfer litigation: Current trends and economic issues
Introduction to pension risk transfer Defined benefit (DB) pension plans create liabilities that expose plan sponsors to risks such as longevity risk,...