The DC workplace industry has welcomed FCA proposals to introduced targeted support for pensions as a ‘third way’ option between full-fat advice and more generalised guidance. Standard Life retirement savings director Mike...
Pension firms will be able to offer targeted support, offering products or bespoke suggestions to specific cohorts of consumers, under new proposals outlined by the Financial Conduct Authority. These proposals are the...
The trend of bulk annuity insurers providing improved retirement communications and access to independent financial advisers (IFAs) is expected to pick up speed in 2025, according to Aon. IFA help upon retirement...
Leading professional trustee firms have formed a new Trustee Sustainability Working Group (TSWG). The group seeks to improve stewardship practices across the industry, through engagement with fund managers and investee companies, while...
Investment platform provider Tillit is the latest company to call for the government ro raise minimum AE contributions to avoid a “looming retirement crisis”. The company points out that forthcoming pension reforms...
The aggregate surplus of 4,969 schemes in the PPF 7800 Index is estimated to have increased slightly to £235.5 billion at the end of November 2024, from a surplus of £234.0 billion...
Pension Insurance Corporation (PIC) has completed a £370 million buy-in for the Hays Pension Scheme, sponsored by Hays Group. The transaction covers 3,368 deferred members and 853 pensioners and dependents, insuring the...
It is a myth that baby-boomers are better prepared for retirement, with the over 50s less likely than younger savers to have a plan in place for unexpected financial problems according to...
The majority of UK workers are ready to forgo small indulgences for better health and wellbeing benefits, according to research by Unum UK. The research found that 81 per cent of workers...
Only 5 per cent of people over 50 know what the Money Purchase Annual Allowance (MPAA) is and what triggers it, according to Standard Life. According to the research, women are less...
