Aviva and Age UK to launch mid-retirement ‘MOT’
Aviva, in collaboration with charity Age UK, has launched a mid retirement MOT pilot programme which looks to ensure that savings last longer. An Aviva and Age Uk report found only half...
Pensions
Plans for ‘digital sovereign bond’ in latest Mansion House speech
By early 2027 the UK is set to become the first G7 country to issue a digital sovereign bond, with plans for future issuance to come, according to Chancellor of the Exchequer...
Master Trust & GPP Round table: Delivering VFM in a time of market uncertainty
The Value for Money framework within the Pension Schemes Act will reward top performers but could lead to ‘herding’ across the sector, advisers have warned. READ THE SUPPLEMENT PDF HERE Herding was...
Master Trust & GPP Round table: What impact will the scale test have?
There remains a lack of consensus over key elements of the Pension Schemes Act across the industry, with some concerned about the impact of the scale test and mandation, and others describing...
UK default funds currently 8.9% invested in private markets
The default funds of large defined contribution master trusts are already collectively 8.9 per cent invested in private markets, little more than a percentage point short of the targets set by the...
Updated TPR strategy hones in on sustainable retirement income
The Pensions Regulator has published a corporate strategy centred around the concept that people have a sustainable income in retirement. TPR acknowledged that while automatic enrolment has transformed retirement saving in the...
Fidelity launches financial planning services for workplace pension savers
Fidelity International has launched a retirement planning service, Plan for Life, alongside a dedicated financial coaching service for workplace pension scheme members. The service is designed to help pension savers in developing...
Meehan replaces Lefley as Hargreaves Lansdown director of workplace
Danny Meehan is joining Hargreaves Lansdown as director of workplace, taking over from Stephen Lefley, who is retiring after more than nine years with the firm. Meehan joins from MUFG Pension &...
Understanding of key retirement savings concepts ‘generally low’, DWP finds
Knowledge of drawdown, annuities, fees, charges and investment risk was generally low among ordinary retirement savers, with many struggling to differentiate between products or assess long-term implications, according to research by the...
ABI calls for rise in pension contributions for better retirement outcomes
The ABI has urged the Pensions Commission to set out a clear roadmap for gradually increasing automatic enrolment pension contributions from 8 per cent to 12 per cent by the end of...
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Aviva appoints Mike Ambery as director of wealth policy
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McPhail blasts rising ‘hidden costs’ of pension regulators
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Annuity rates hit 7.75pc as retirement incomes reach 18-year high
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Housing benefit rules undermine pension saving incentives: PPI
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Retirement savers hit with £87m tax bill after cashing in pension pots
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Industry feedback widely rejects salary sacrifice reforms
