By better understanding different people’s needs and attitudes, we can build a more inclusive retirement savings system. But do we understand other people as well as we might think? The UK workforce...
Actuaries are calling for more realistic climate risk assessments which should include the ‘risk of ruin’ — the point past which global society can no longer adapt to climate change. A report...
As consultations, regulation and initiatives such as the Mansion House Compact come thick and fast, we must begin to prioritise what is important: improving member outcomes using less liquid asset classes. While...
A number of DC pension schemes have been wound-up after failing to satisfy the regulators new ‘value for member’ assessments. The Pensions Regulator has already fined one corporate trustee for failing to...
Broadstone has appointed Rachel Coles as a workplace engagement consultant. Coles joins Broadstone's DC workplace savings team, part of the employee benefits consulting business, which helps about 800 firms offer cutting-edge benefit and...
Pension Freedoms, introduced a decade ago, increased retirement flexibility but also added complexity in choosing retirement income options, resulting in a growth in drawdown usage. The industry emphasises ongoing innovation to ensure...
The Department for Work & Pensions (DWP) consultation on its ‘pot for life’ proposals closed in January, eliciting strong industry debate from those in favour and those against. Beyond the theorising, however,...
Do we need to consider the UK’s housing and pensions strategies together? The pattern of home ownership appears to be changing in the UK, with a growing number of retired renters. But could...
Three-quarters or 75 per cent of DC pension savers aged 55 or over want their DC savings to start paying them an income automatically when they retire, according to research from Hymans...
Rothesay has acquired the bulk annuity portfolio from Lloyds Banking Group's Scottish Widows division, marking its sixth venture into in-force annuities. The portfolio, which is estimated to be worth £6bn, includes the...
