The IFS warns that as more private sector employees accumulate retirement savings in DC pensions, many risk making poor financial decisions due to uncertainty around life expectancy, inflation, asset returns, and limited...
Pensions are often considered boring, and many employees ignore them until close to retirement, leaving many with in sufficient funds. The Resolution Foundation reports that around two-in-five working-age individuals or 13 million...
The Financial Conduct Authority (FCA) has expressed openness to allowing pension savings for house deposits, a move welcomed by industry leaders. According to a speech last Friday by FCA CEO Nikhil Rathi,...
Cartwright has added to its investment consulting team by appointing Arash Nasri as senior investment consultant. He joins from Redington, where he was a lead consultant advising wealth businesses on investment strategy....
The People’s Pension has appointed Vicky Paramour to its trustee board. Paramour joins six existing trustee directors overseeing the running of the trust, which serves 6.9m members. Paramour is a pension's actuary with over...
L&G has launched a digital application process for annuities, streamlining the process for intermediaries and savings up to 14 days on application times. The launch, which will be piloted with select firms,...
Redington has strengthened its global assets team with the appointment of Dipan Roy to the newly created role of head of portfolio construction. Roy will work alongside the firm’s asset, risk and...
Savers continue to face delays when transferring pensions, with the average transfer taking 22.4 days in 2024. The data, based on transfers to PensionBee, showed that transfers from many workplace pension providers...
The Pensions Regulator has outlined how it aims to encourage UK economic growth while also protecting member interests. Details of this new approach were set out in a letter to government, with...
More than 10,000 pension transfer searches have been recorded by Origo's Unipass Transfer Tracking service since it launched on March 3. The free tool eliminates the need for follow-up calls by enabling advisers to...
