Financial Secretary Stephen Timms said research by the Association of British Insurers had shown 40% of employers felt inhibited from promoting their schemes by the current financial promotion regime.
Speaking in Commons exchanges, he said: ‘We are proposing an exemption from the regulations for employers so that they can provide advice to employees on their pensions without having to be regulated by the FSA.’
He said he hoped to announce the outcome of a two-year review before Christmas and put the regulations in place by the Spring.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars