The annuity payback period for those selecting an index-linked annuity extends up to 22 years into the future, according to Canada Life. When buying annuities, the majority of retirees favour the largest...
A third of UK workers aged 55 plus have delayed they retirement since the pandemic, with four out of 10 workers in this age group concerned they will not be able to...
Isio’s Low-Risk Funding Index shows that the aggregate funding position further improved to 108 per cent as of 31 October 2023, as UK government gilt yields continue to rise. According to Isio,...
The UK Government has pledged almost £500m of climate finance aid to developing countries at the 'Finance Day' at COP28 today. It says this is part of a wider £1.6bn climate aid...
Single parents, renters and those with long-term illnesses face heightened financial vulnerability, according to the Office of National Statistics. One in four people do not have enough savings to withstand a 25...
Legal & General is implementing Origo’s Unipass Letter of Authority service across its workplace pensions business. Financial advisers and clients can now streamline operations by using the firm's electronic Letter of Authority...
Half of employers are not reporting the number of disabled workers they employ despite figures from the Office of National Statistics showing that there are over 5 million people with disabilities in...
Despite the improved funding positions, more than one in three (35 per cent) DB schemes have yet to finalise their endgame objective, according to the latest industry survey from Russell Investments. Its...
Just 4.2 per cent of listed UK shares are owned by pension and insurance funds— the lowest proportion on record according to new data from the Office of National Statistics. The proportion...
The controversial issue of whether defined contribution (DC) pensions schemes should embrace the 2 and 20 performance fee structures common in the world of private equity was a key area of debate...
