Savers who were wrongly advised to transfer out of DB schemes will now receive significantly less compensation as a result of spiralling annuity rates. In some cases people who would have received a...
Barnett Waddingham appoints Neil Howitt as head of SIPP Finance. Howitt has 35 years of expertise in the financial services industry and held a variety of significant jobs throughout his career, including...
Only 61 per cent said they could realistically manage their expenses in retirement. according to Hargreaves Lansdown. The research, carried out by Opinium on behalf of HL in May 2023 on a...
The government have been urged to slow down implementation of retirement ‘default’ arrangements, including decumulation-only CDC, and focus instead on legislative changes that will improve member engagement. The comments were made by...
Wellbeing provider Health Assured has joined the trade body for the group risk sector, Group Risk Development (Grid). Health Assured CEO Bertrand Stern-Gillet says this membership will help the company support its...
In a market environment where the margins between providers are narrowing, quality of service becomes more important than ever. At Fidelity, we have made service a core priority for many years. Dan...
The Aon UK DC pension tracker increased from 69.7 to 72.7 over the quarter, March to June 2023, suggesting that the expected future living standard in retirement provided by defined contribution (DC)...
There is a ‘cavernous’ trust and engagement gap among DC pension savers, which is widest with younger people, according to new analysis of FCA data. In the FCA Financial Lives Survey, DC...
The Pensions Regulator has updated its guidance for schemes and trustees on investments into illiquid assets. This guidance comes ahead of rule changes from October 1, which will require trustees to state...
Former Nest and Smart Pension distribution head Paul Budgen is creating a guidance app-based solution designed to enable financial advisers to support clients with modest pension pots plan their retirement. The proposition,...
