DC

The number of people making withdrawals from their pensions has hit a record high, according to the latest HMRC figures. In the third quarter of 2018 there were 585,000 withdrawals made under...

Policymakers are intent on bringing more order to the recently-liberated post-retirement market, but the industry may already be innovating solutions around advice and guidance taking the market in a different direction. The Work...

Hudon will be responsible for the implementation and delivery of the UK wealth business’ strategy across DB and DC pensions, investment consulting and other specialist segments. Hudon moves from the role of Global...

Moneyhub has integrated PensionBee API, allowing users to get up-to-the-minute information on pension funds. This system will enable users to get live pension valuations within the platform and keep track of multiple...

Lifesight, Willis Towers Watson’s DC master trust will allocate around half of its equities into  environmental, social and governance investment strategies. It is understood that this is the first master trust to...

The FCA will lead the consultation on whether rules should be changed to allow defined contribution schemes to invest in new technology and infrastructure assets. This consultation was revealed in the Autumn...

State Street Global Advisors has launched a new global ESG ‘low carbon’ fund. This will be a passive fund, based on the MSCI low carbon index target index. This new launch is...

The pensions industry has welcomed the chancellor’s Budget announcement that it is to bring forward the ban on pensions cold-calling. This issue has been under discussion for a number of years. Although...

There was no widespread shake-up of pensions tax relief in the Autumn Budget. There had been rumours that chancellor Philip Hammond may look to introduce a flat-rate of tax relief, but in...

An estimated £6m of pension savers’ money was invested in exotic, high-risk investments which included eucalyptus farms, hotel rooms on an African island and car park bays. The TPR says such investments...