Pensions

Private sector DB schemes have showcased resilience with a mere 3 per cent decline in market value from Q3 to Q4 amid market turbulence, according to an Office for National Statistics (ONS),...

Sticky inflation may cause state pension to increase by a sizable amount in 2024, giving pensioners a big income boost, according to Broadstone. Those receiving a full state pension will now earn £10,600...

The latest inflation data reveals that the headline rate of Consumer Price Index (CPI) stood at 8.7 per cent for the 12-month period ending in May 2023, according to the latest ONS...

Department for Work and Pensions (DWP) review has identified room for improvement in pension transfers as varying approaches complicate regulations. The DWP found that 94 per cent of transfers went through with...

Broadstone has appointed Alex McNiven as business protection specialist. McNiven joins Broadstone from A-One Insurance Group where he was most recently the protection & health insurance manager. He has worked in the...

SEI has appointed Sneha Shah as an executive vice president and head of new business ventures. Shah, who will be reporting to CEO Ryan Hicke, will lead new business and platform identification...

Phoenix Group calls for state pension reforms to prevent poverty from worsening as the state pension age increases. The most recent study from Phoenix Insights a ground-breaking year-long study working with the...

Defined benefit transfers activity has declined significantly in recent months, with the cash lump sums available to those looking to switch falling by around a third over the last year. Analysis by...

Nest Invest’s chief executive Mark Fawcett has been an awarded an OBE (Order of the British Empire) for services to pension saving in King Charles’s first birthday honours list.  Fawcett is a...

The Federation of Small Businesses (FSB) is calling for pension funds to prioritise social responsibility when making investment decisions.  As part of this it wants pension funds to look at the issue...