Pension withdrawals soar to £12.9bn
Pension withdrawals by those aged 55+ surged to £12.9bn in 2022-23, a sharp increase from £11.2bn in the previous year and £9.3bn in 2020-21, according to statistics from HMRC. The most recent...
Pension withdrawals by those aged 55+ surged to £12.9bn in 2022-23, a sharp increase from £11.2bn in the previous year and £9.3bn in 2020-21, according to statistics from HMRC. The most recent...
Gallagher has named David Piltz as the new chief executive officer of its employee benefits & HR consulting division in the U.K. Piltz, who joined Buck in 1996, currently serves as the UK...
Stagflation is the economic scenario that many pension funds fear the most but are perhaps least prepared for. Its heady combination of accelerating prices and meagre growth remains an economic rarity through...
It has been a case of back to something like normal for defined contribution default fund pension performance in the year to 30 June 2023, with all schemes registering positive returns, and...
Low levels of home ownership, increased life expectancy and relatively low AE contributions mean today's younger workers will face stark choices in retirement, according to latest report from the Pensions Policy Institute...
Mercer has appointed Suzanne Rose to be its new UK defined contribution leader, which will see her leading the company's DC advisory and workplace savings businesses. Rose joins from Aviva where she...
Standard Life will partner with Moneyhub to launch a pension dashboard for its 4m customers. This announcement makes Standard Life is the first pension provider to confirm it will offer a commercial...
Aon says the proposals to accelerate investment pooling in the UK Department for Levelling Up, Housing & Communities’ consultation ‘LGPS England and Wales: Next steps on investment’, come with governance risks and...
In two-and-a-half-years’ time I will be in a spot of bother. I am one of millions, and unless something drastically changes, the repercussions are going to be enormous for me and for...
The advice and guidance boundary review remains a political and regulatory priority, with both the Treasury and the Financial Conduct Authority working on the project. The current review is part of the...