Industry reacts to BoE interest rate hold
The industry largely welcomed the decision by the Monetary Policy Committee at the Bank of England to hold interest rates at 3.75 per cent, though also warned of the possibility of a...
The industry largely welcomed the decision by the Monetary Policy Committee at the Bank of England to hold interest rates at 3.75 per cent, though also warned of the possibility of a...
Two-thirds, or 67 per cent, of defined benefit pension members say confidence that their pension will be paid for life is their top priority. This is according to research by Hymans Robertson,...
Mark Duckworth will succeed David Cassidy as chief executive at Wealth at Work, a provider of workplace financial education, guidance and advice. The move will be effective from 1 December. Duckworth joins...
Guaranteed income can be successfully integrated into UK guided retirement solutions without mandating annuitisation, according to research from Nuveen and the TIAA Institute. The research found eligible retiree adoption rates of 55...
What is Pension Engagement Season? Pension Engagement Season is an annual initiative led by the Association of British Insurers (ABI). It aims to encourage people to pay their pension some attention and...
More than eight in 10 UK pension savers want to know more about how their pension money is invested in infrastructure. This is according to research by IFM Investors, Nest and Border...
Parents using pension savings to cover the full cost of a child’s university education could have £119,000 less at retirement, according to research by Standard Life. The figures are based on an...
TPT Retirement Solutions has appointed Geoff Tookey as head of trustee services. Tookey, a qualified actuary, brings over twenty years of experience in pensions. He joins TPT from Bank of America, where...
The Association of Consulting Actuaries (ACA) has called for the Value for Money (VfM) framework to be tested before it publishes ratings. It warned that the proposed methodology could produce misleading comparisons...
Inflation data shows year-on-year Consumer Prices Index in the UK rose from 2.9 per cent in July to 3.1 per cent in August, broadly in line with market expectations. XPS analysis shows...