The Pension Superfund has endured a bruising few days, with Alan Rubenstein and Marc Hommel announcing they were stepping down from their roles as chief executive and head of origination. At the...
Younger workers are more likely to log-in and view their workplace pensions than older colleagues according to new research from Hargreaves Lansdowne. This research found that - not surprisingly - older workers...
This regulator’s latest retirement income bulletin shows average withdrawal rates have risen from 4.7 per cent to 5.9 per cent over between 2016/17 and 2017/18. This has prompted fears that some pension...
New FCA data shows pensions savers have missed out on an estimated £3bn since the introduction of pension freedom rules, by failing to take up guaranteed annuities. This data suggests that nearly...
But the research also found millennials are more confident that their retirement preparations are on track than older workers. It also found employees across all age tend to see 10 per cent...
These comments come in response to the FCA-proposed remedies to improve retirement outcomes in the UK. The investment pathway is one of the first solutions to be proposed by the FCA to...
The ECJ has demanded that the Pension Protection Fund changes its cap on payments, to ensure that workers cannot lose more than 50 per cent of their promised pension. Pension campaigner Ros...
The report says there are issues with the transparency of costs and charges in contract-based and master trust schemes, particularly where there is a commercial link between asset manager and provider. It says...
New ONS figures show that since 2012, and the start of auto-enrolment, an additional 9.8m people have been enrolled into workplace pension schemes. However over this period, contribution levels of have fallen...
Hill will join the regulator in November. She is currently director of market intelligence, data and analysis at the FCA. In her new role Hill will be responsible for implementing TPR’s tougher...
