The percentage of economically inactive people is still greater than it was before the pandemic despite fewer over-55s retiring recently, according to the Office of National Statistics. The rate of economic inactivity...
Lifesight has been appointed as master trust provider for KBR, for its 6,400 UK defined contribution (DC) pension scheme members totalling about £350m. Employees from recently acquired organisations were given the option...
Economic inactivity caused by long-term sickness could increase by a further 140,000 by the end of 2023, according to Broadstone. The number of people leaving the workforce due to long-term illness increased...
Thousands of savers approaching retirement in September saw devastating falls in their fund value in the year to state pension age or their stated retirement age, with the average at-retirement default down 9.08...
The Pensions Regulator has called on trustees to strengthen the governance and oversight of DC schemes to ensure savers in lifestyle schemes are in strategies consistent with their investment objectives. In a guidance...
Sponsored content What has driven the need for more innovation around pension choices at retirement? The 2015 Pension Freedom rules gave people far more flexibility about taking their retirement benefits, but also...
Default pathways into retirement need to deliver on multiple fronts. Members will always want a combination of high income, flexibility of withdrawals, death benefits, simplicity and trust. They also want protection against...
The transition from a defined benefit (DB) to defined contribution (DC) model means workplace pension savers transitioning into retirement face a confusing, risky and uncertain future. The market volatility of the Truss/Kwarteng era and a more fundamental change...
Now: Pensions has appointed Lizzy Holliday as director of public affairs and policy. Holliday will be in charge of directing the company's public affairs and policy strategy. Holliday previously worked for the...
Healix Health Services has acquired Halcyon Trustees. Healix says that by acquiring Halcyon, it will be able to support its expanding clientele by making use of Halcyon's considerable experience in trust governance...
