retirement

LifeSight’s drawdown facility has hit over £1bn in assets, with 7,500 members choosing to access this option since retirement.  In total the LifeSight master trust has over £24bn in assets under management...

HMRC repaid £48.7m in tax wrongly taken on pension withdrawals in the second quarter of 2025 — despite introducing new systems to address this problem. These overpayments related to more than 12,000...

Aviva has launched a new ‘flex first, fix later’ guided retirement solution for its workplace customers.  This is initially available to those saving through Aviva’s master trust, with a view to rolling...

The PLSA has rebranded itself as Pensions UK. But despite the name change its retirement living standards invoke extreme reactions amongst the public, which is a fantastic achievement. At least it gets...

TO DOWNLOAD A COPY OF THE CORPORATE ADVISER MASTER TRUST AND GPP DEFAULTS REPORT CLICK HERE  What challenges do today’s retirement savers face? The pension landscape is shifting towards ‘Generation DC’, where...

The idea that a scheme member comes to the end of his or her working life, leaves their workplace scheme and is then left to determine and devise their own retirement plan...

The way savers access their DC pensions in retirement is typically not aligned to longer-term financial needs, and many will continue to “fall through the cracks” without more co-ordinated action from the...

Less than half of retirees are confident their private pensions will last for the rest of their lives, according to research by Age UK and Aviva.  A jointly-authored report found only a...

The Reserved Investor Fund (RIF), a new type of UK-based contractual investment scheme, was launched on 19 March 2025. The RIF was originally proposed by the previous government, in response to industry...

An additional 1.6m more people risk poverty in retirement due to rising living costs, according to the latest report from Scottish Widows. Overall it found that 15.3m now face poverty in retirement...