Annuity sales hit 10-year high
Annuity sales are at a 10 year high, with 89,600, people using their pension to secure a guaranteed income for life last year — a 24 per cent annual increase. In total...
Annuity sales are at a 10 year high, with 89,600, people using their pension to secure a guaranteed income for life last year — a 24 per cent annual increase. In total...
SEI has appointed Leila Samara as client relationship director of defined contribution (DC). Samara has nearly 20 years of experience in the pensions industry, particularly in client management, consultancy, and proposition development....
The Chancellor’s sweeping Mansion House reforms for DC pensions are designed to achieve the government’s ambition of a highly consolidated DC pension market which can invest at scale to boost UK economic...
Has the recent increase in diversity on pension trustee boards had a positive impact upon the quality of their decision making? Although the impact is very hard to measure, it is fair...
The Treasury Committee’s Lifetime Isa review presents an opportunity to debate the marmite of all tax wrappers. It started out with great hope: young workers could save into a scheme (with a...
The UK retirement sector plays a vital role in helping employees to secure their financial future. Due to the sector’s expansion and increasing regulatory oversight, technical debt has become an obstacle to...
A British Armed Forces veteran has been awarded £92,802.71 in compensation after being mis-sold a pension transfer that cost him nearly £93,000 in lost retirement funds in 1993. Mr J was advised...
DC providers are directing an “outsized portion” of illiquid asset investments into UK opportunities, according to research from Isio. It has looked at private assets strategies across the defaults of 15 DC...
The gender pension gap looks set to widen, with fewer working age women contributing to DC workplace schemes, when compared to men. Analysis of the Office of National Statistics’ wealth & assets...
The Pensions Administration Standards Association (Pasa) will appoint David Fairs as chair and Kim Gubler as president of the body. The two will formally be appointed at Pasa’s annual conference on 24...