Aviva has completed a £1.5 billion bulk purchase annuity full-scheme buy-in with the Michelin Pension and Life Assurance Plan. This deal, finalised in September 2024, involves an in-specie transfer of assets. It...
Actuarial number crunchers have calculated the exact amount of money you need for a happy retirement — and it is £1,700 a month. In order to deliver this income DC savers need...
RedArc is emphasising the importance of delivering mental health support through specialists ahead of World Mental Health Day on October 10, 2024. The World Federation of Mental Health's theme for this year...
There is a need for clearer communication, improved information and greater use of technology to boost public engagement with private pensions in the UK, according to the Department for Work and Pensions...
The Pensions Management Institute and Schroders have emphasised the need to reform the pension system to provide value for all savers, citing an integrated savings system that includes "sidecar" accounts and early...
The industry has welcomed the DWP's consultation on draft regulations for whole-life multi-employer collective defined contribution (CDC) schemes, highlighting their potential to improve pension outcomes for many workers while stressing the need...
Fidelity International, Mercer, Penny and Pension Lab have joined the industry coalition of potential operators of commercial pensions dashboards, working with government and regulators to help support the launch of multiple dashboards...
The Pensions Management Institute and Schroders are calling for pension savers to be able to access funds early to purchase a first property. This recommendation is a key part of the Lifetime...
There is a significant rise in the number of people living into their 90s, with over half a million now reaching this age according to recent ONS data, but 67 per cent...
Consultants, advisers and trustees generally agree that investment in illiquids have the potential to deliver better outcomes net of costs, but say clients are sceptical whether higher costs will deliver higher returns....
