New pension investments rose by 24 per cent to £17.4bn in 2016, excluding transfers, up from £14bn in 2015, according to figures from intermediary database provider Equifax Touchstone. Single premium flexible drawdown...
Excepted group life plans grew by almost 30 per cent over the last year, as individuals looked at ways to get round the new £1m pension lifetime allowance, according to Swiss Re’s...
Data sharing standards and cleansing of the data itself will be essential to the success of pension dashboards says ITM executive chairman Duncan Howorth. So, the prototype for what will eventually become...
The pensions dashboard will do wonders for engagement, but the biggest obstacle will be working out how it is to be paid for says Aon Hewitt senior partner Kevin Wesbroom Imagine a...
The co-founder of one of the most successful UK-based fintech companies has told a Treasury conference he probably would not choose London again because of Brexit. Speaking at the Department for International...
The Money Advice Service (MAS) should deliver a portal and guide to help employers support their employees’ financial wellbeing and resilience with a view to making them more productive, the Financial Advice...
Annuity sales fell to their lowest level this century in Q4 2016, with 17,000 contracts put in place compared to 20,000 the previous quarter, although the value of the average fund invested...
TPR executive director of auto-enrolment Charles Counsell is leaving The Pensions Regulator to become chief executive of the Money Advice Service, it has been announced. Counsell joined TPR in 2011 to set...
More than 136,000 small and micro employers complied with their auto-enrolment responsibilities in the first quarter of 2017, bringing the total number of firms through the process to more than 500,000. The...
One in six over 55s – 17 per cent - think the pensions dashboard will encourage people to consolidate their pots with different employers, while 29 per cent think it will help...
