News

The proportion of savings accessing a pension for the first time using income drawdown has dipped below 50 per cent for the first time, according to Just Group. According to the FCA's...

Origo has introduced the Origo Matching ToolKit, a standalone service that integrates with the Origo Dashboard Connector (ODC) and can be used by providers to test their ability to match pension Find...

Hymans Robertson has expanded its buy-out and wind-up transition services team with two senior appointments.  Donna Prince joins from Aon where she was an associate partner and a senior member of the...

XPS Group’s Transfer Activity Index has hit a record low for the second time this year. It fell to its lowest level over August 2024, matching 2018 levels, with an annualised rate...

Six in ten millennials or 59 per cent in the UK struggle to save for retirement, the highest among all generations, according to Phoenix Group. This compares to 48 per cent for...

Royal London is the latest insurer to enter the bulk purchase annuity (BPA) market, and will be the only mutual operating in this sector. The company will focus on working with trustees...

HS Trustees has appointed Bobby Riddaway to be its new managing director Riddaway joined HS Trustees at the start of July this year. He was previously a trustee at Capital Cranfield,  and...

Vitality has introduced a new ‘health profile’ on its products, to help members better understand their current health and the steps they can take to improve it.  This new digital profile replaces...

Four out of 10 people buying annuities did so from their existing pension providers — suggesting many are failing to secure the highest potential income.  Data from the FCA shows that rise...

Cost of living pressures and a rising state pension age have resulted in a higher proportion of older workers in employment, according to new government figures. An analysis of economic activity among...