Nest Pension has made two appointments to its governance structure, as Minister for Pensions Laura Trott MBE MP reappoints Karen Cham to the Nest Board, while the Board itself appoints Katrina Shenton...
Pension savings make up less than two-fifths of retirement income on average and that drops to less than a third for single pensioners, according to pension provider iSIPP shows. According to a...
The P&O Pension Scheme's trustee has reached a £440 million buy-in agreement with Rothesay, securing benefits for 5,300 members. This most recent purchase was preceded by the initial pensioner buy-in, which was...
Solo savers require an additional £160,000 in their retirement funds to offset the economies of scale that come from being part of a couple, according to a new analysis by Standard Life....
An additional 26,000 individuals have been classified as economically inactive due to prolonged illness over the last three months, according to recent data from the Office for National Statistics (ONS). The most...
The Office for National Statistics (ONS) today released labour market data that showed regular pay increased annually by 7.8 per cent from April to June 2023 which is the greatest regular annual growth...
The ongoing cost of living crisis continues to bite Britain’s pension savers. But for women especially, it appears to be having an even bigger impact on their financial futures. This is one...
The Financial Conduct Authority (FCA) has acknowledged significant strides made by many firms in enhancing value for investors but also pinpoints specific areas that require further refinement, highlighting the ongoing journey towards...
Canada Life completed its second full scheme buy-in transaction in July 2023, valued at £24 million and encompassing all 547 pensioner and deferred members of the Roadchef Retirement Benefits Scheme. LCP acted...
A majority of British citizens, 54 per cent, are uncertain about the amount of money they should save to ensure a comfortable retirement, according to deVere Group. Additionally, 35 per cent of...
