Over 8.6 million people from “underpensioned” groups, such as ethnic minorities, people with disabilities, caregivers, and single mothers, have private pension incomes that are anywhere between 18 per cent and 64 per...
Pension consolidators who set up their own dashboards will be in prime position to benefit from the anticipated ‘dash for DC cash’ according to LCP partner Steve Webb. Webb, who is a...
When it comes to accessing DC pensions, the onus passes to individuals. Lump sums do not provide long-term income; insured annuities do, but data shows that perceived high expense lead few to...
Mercer has appointed Philip Parkinson as its new investments and retirement leader in the UK. Parkinson joins the executive team of Mercer UK and will be responsible for managing the firm's investments...
Amid the tumultuous events of the past 12 months, pension fund managers may be forgiven for overlooking the commitments made at the delayed COP26 meeting in Glasgow and at Egypt’s COP27. Yet...
European regulators have urged pension plans and the LDI funds they use to consider "system-wide" risks of their approach rather than just the risks to their individual scheme, but according to LCP,...
Broadstone has announced the launch of the Sirius Index to aid trustees and employers in understanding the funding position of a low-dependent state. According to Broadstone, the Index will monitor how quickly...
Pension Fusion, a joint proposition between Altus and ITM, has been chosen as the Integrated Service Provider (ISP) for more than 20 pension providers, who collectively have a user base of more...
The FCA has confirmed new rules for non-workplace pensions requiring providers to offer a default fund or "standardised investment solution" to customers who take out non-workplace pensions without the advice. To assist...
The Financial Conduct Authority (FCA) and the Pensions Dashboards Programme (PDP) have launched two consultations on the rules and standards for pensions dashboards that will impact what savers will see. The new...
