One in three DB schemes are using the GMP equalisation programme to improve member options available at retirement, according to new research. Aon’s latest ‘Member Options Survey’ shows that a growing number...
Five years after the British Steel Pension Scheme scandal first erupted and an end to the saga is in sight for thousands of steelworkers wrongly advised to give up valuable guaranteed pensions....
Prices rose by 7 per cent a year in March, according to the latest CPI inflation figures released from the Office of National Statistics this morning. This is the highest inflation rate...
The aggregate surplus of 5,215 defined benefit (DB) pension schemes increased to £176.4bn at the end of March 2022 from £133.6bn at the end of February 2022, according to the Pension Protection...
Almost half of all pension funds, insurers and institutional investors holding Russian assets have taken steps to remove these from portfolios, following its invasion of Ukraine. A snap poll of over 418 institutional...
The union representing UK firefighters is preparing further legal action after the government has failed to act on a previous Court of Appeal ruling. In December 2018 the Court of Appeal ruled...
The pensions industry is launching a co-ordinated ‘engagement campaign’ designed to increase consumers’ basic understanding of pensions. This campaign, which is being led by the Association of British Insurers (ABI) and Pensions...
The Pension Protection Fund is looking to reduce the industry levy in the next few years as its funding levels improve — and may seek legislative changes to give it more flexibility...
ACA is calling for action on stalled pension reforms saying that a crisis is brewing ahead. According to ACA's final report of 2021 Pension trends which includes responses from 212 employers of...
More retirees are opting for part-time work or working in the gig economy, creating a new 'flexi-retirement' trend, according to abrdn. Abrdn outlines how the 'Class of 2022' plans to spend their...
