Pensions

Around 84 per cent of defined benefit (DB) pension scheme members are failing to consider a switch to a more flexible arrangement, raising concerns some are at risk of missing out by...

Around £50bn in surplus funds could be returned to FTSE 350 DB scheme sponsors if the Mansion House proposals are approved, according to analysis by Barnett Waddingham. This sum represents around 10...

Around 46 per cent of people are unaware they receive tax relief on their contributions, according to research from TPT Retirement Solutions. Nearly one in five DC savers (24 per cent) don't...

Two-fifths of younger adults plan to retire by age 60, according to Royal London. The research carried out with 4,000 adults in the UK, shows an early retirement needs to factor in...

Annuity sales broke all previous records and increased by 100 per cent from the same period in 2022, according to Canada Life's UK half-year financial figures. Over £100m in new business was...

Independent Governance Group (IGG) has appointed Jo Holden as the business’s newest trustee director.   Holden joins IGG with more than 20 years of experience in the pensions sector, four of which...

The British Business Bank has appointed Esi Eshun OBE as its new General Counsel and Company Secretary, effective from November 2023. Esi has joined the British Business Bank from UK Export Finance,...

Ascot Lloyd has released its annual results for the fiscal year ending on December 31, 2022, revealing a profit of £20.8 million. In the financial report, the company's total group revenues for...

Recently the Department for Work and Pensions (DWP) issued a new consultation – Ending the proliferation of deferred small pension pots – which looks to address the growth of deferred small pots. ...

The role of the defined contribution (DC) consultant will evolve and expand as HR departments wake up to the savings shortfalls experienced by many of their older staff. That is the prediction...