Pensions

Pension withdrawals by those aged 55+ surged to £12.9bn in 2022-23, a sharp increase from £11.2bn in the previous year and £9.3bn in 2020-21, according to statistics from HMRC. The most recent...

Gallagher has named David Piltz as the new chief executive officer of its employee benefits & HR consulting division in the U.K. Piltz, who joined  Buck in 1996, currently serves as the UK...

The Society of Pension Professionals (SPP) has raised concerns about fiduciary duties and the lack of a cost-benefit analysis in its response to the Department for Levelling Up, Housing and Communities (DLUHC’s)...

More people are avoiding financial discussions and concealing their financial concerns with one in five adults with financial advisers hiding finances from family, and 19 per cent feel too embarrassed to discuss...

The Personal Finance Society has created a new panel of advisers, policy professionals, and sustainable finance experts to improve advising standards and consumer outcomes regarding climate change and other sustainability challenges. The...

Stagflation is the economic scenario that many pension funds fear the most but are perhaps least prepared for. Its heady combination of accelerating prices and meagre growth remains an economic rarity through...

The Chartered Insurance Institute (CII) has recommended the creation of an independent commission on household financial security, following a model similar to the Pensions Commission, in order to address pressing challenges. According...

It has been a case of back to something like normal for defined contribution default fund pension performance in the year to 30 June 2023, with all schemes registering positive returns, and...

Low levels of home ownership, increased life expectancy and relatively low AE contributions mean today's younger workers will face stark choices in retirement, according to latest report from the Pensions Policy Institute...

Mercer has appointed Suzanne Rose to be its new UK defined contribution leader, which will see her leading the company's DC advisory and workplace savings businesses.  Rose joins from Aviva where she...