Pensions

The number of people switching out of their defined benefit pensions reached a five-year low at the end of 2023, according to research by XPS Pensions Group. According to XPS's Transfer Value...

Only 30 per cent of high earners are expected to have a comfortable retirement compared to 13 per cent of households overall, according to the most recent HL Savings and Resilience Barometer...

The UK's defined benefit pensions market is anticipated to experience £80 billion in pension de-risking transactions in 2024, according to WTW. According to the firm’s annual Pensions De-risking report, this is fuelled...

LCP has submitted a ‘shopping list’ of concerns and objections to the Department of Work and Pension over its plans to introduce a lifetime provider model for workplace pensions. The pensions consultancy...

PMI has expressed concern that the current consultation on changes to the UK pension system is untimely and not well-considered. It highlights the significance of well-considered adjustments based on outcomes and system...

Around 23 per cent, are steadfast in their belief that they would never consider getting financial advice, even if it were provided for free, according to Canada Life and AKG’s ‘State of...

The overall funding levels increased to 107 per cent from the end of November with a total surplus of £47 billion, an increase from £35 billion in December 2022, according to Mercer's...

LV= has appointed Katherine Carnegie as chief commercial officer. Carnegie, who joined LV= in 2012, has a background in driving innovation and growth as well as a wealth of experience creating distribution...

The People's Pension has returned £50 million to its members through rebates on its annual management charge (AMC). The People's Partnership introduced a rebate charging system in its pension scheme over four...

Half of firms offering retirement advice have seen increased demand for their services as a result of changes in pensions tax allowances. These changes include the abolition of the lifetime allowance increase...