What does the data tell us about the way defined contribution (DC) savers are currently transitioning into retirement? The headline figures show that 85-90 per cent of retirees are fully cashing out,...
Standard Life is launching a new retirement section to its master trust, aimed at employers and trustees of single or own-trust schemes. This will enable single-trust schemes to offer more comprehensive at...
There are misgivings among pension consultants regarding pension consolidators in the retail market. The most commonly cited concern is the potential for higher charges in any consolidated plan outside of the workplace...
The pensions industry has been grumbling for some time now about what’s next for automatic enrolment. There’s no disputing the fact that it’s been a great success. By “the end of November...
Bravura and Moneyhub have delivered what they describe as the UK’s first connected pension dashboards implementation, linking Bravura’s Dashboards Connect ISP service with Moneyhub’s front-end commercial Pensions Dashboard Service (PDS). Launched at...
Aegon has revamped its fund range, to improve the sustainability credentials of its master trust. While these changes do not affects it default fund — the LifePath Flexi —it will mean there...
Pension savers have now reclaimed over £1bn in overtaxation on pension withdrawals since 2015, with more than £48m reclaimed in the first quarter of this year. HMRC data reveals that the average...
Liz Fernando has replaced Mark Fawcett as CIO of Nest. Fawcett has been the CIO for the past 14 years — but will continue in his other senior management role, as CEO...
Master trust LifeSight has appointed Simon Katte to the role of client relationship director. Katte, who joins from Legal & General Investment Management, will be responsible for managing existing client relationships as...
Asset-backed pension systems are failing to be inclusive to the needs of all types of individuals and workers, according to a joint report from Standard Life and OECD. The report, Diversity, equity...
