Health not wealth keeps Brits working in retirement
Almost half of UK employees expect to work beyond the age of 65, but it is fear of declining health, rather than a lack of funds that is keeping them in the...
Almost half of UK employees expect to work beyond the age of 65, but it is fear of declining health, rather than a lack of funds that is keeping them in the...
Mercer is the latest master trust to receive authorisation from The Pensions Regulator. This brings the total number of authorised master trusts to 11, with up to 30 applications still pending. Other authorised...
The income gap between the wealthiest and poorest pension is growing, with those in the top pension income band now having an average weekly income of almost £1,000. The latest government figures...
The Pensions Regulator has authorised the master trusts run by Standard Life, Fidelity and The Pensions Trust (also known as TPT Retirement Solutions). Standard Life has two master trusts — the DC...
Aviva has launched workplace pension default investment strategy that incorporates ethical and ESG (environmental, social and governance) considerations, based solely on its Stewardship funds. Called the ‘Stewardship lifestyle strategy’, the strategy has...
It will be several months before the Pension Regulator announces the final list of authorised master trusts. But this ongoing process is already driving significant change within the sector. Technology will play...
Pension freedoms could lead to another major financial scandal, thanks to a dearth of advice on retirement options, coupled with a lack of innovation from the pensions industry. This was the conclusion...
UK pension schemes now have a new tool to use in their assessment of the value delivered by their asset managers. At the end of last month, the Cost Transparency Initiative (CTI) unveiled...
GBST has upgraded its pension drawdown offering, enabling clients more flexibility about how they take an income in retirement. GBST provides wealth administration software through its composer platform, and said these changes...
The proposals were contained in the trade body’s “2025 Vision” paper, which outlined three key areas of development to meet the changing needs of investors. This included plans for a new fund...