Consumers remain unsure as to the best way to utilise their pension savings at retirement, despite more widespread engagement with pensions, according to new research from TPT. The firm found that a...
Standard Life enhanced its mixed income builder tool to deliver more personalised retirement planning to its workplace pension savers. This tool is designed to allow customer to create a personalised retirement plan...
Retirement in the UK is starting to feel out of reach for many workers. Not because people do not understand the importance of pensions, nor because they are unwilling to save, but...
Almost half of UK adults have never discussed retirement with their family, despite widespread concerns about their financial future, according to new research from Moneybox. This survey showed the problem remained acute,...
The Department for Work and Pensions (DWP) has published an action plan aimed at improving communications around the state pension age. This follows recommendations from the Parliamentary and Health Service Ombudsman's (PHSO)...
Pensions could be switched more rapidly under government proposals to amend the conditions for transfer regulations. The Department of Work and Pensions is consulting on a range of changes, which include removing...
Financial wellbeing specialists Wealth at Work has launched a retirement guidance service designed to help pension schemes, trustees, and employers support members approaching retirement. The move by WaW comes following the passing...
Only 9 per cent of savers would be able to live comfortably in retirement on current projections, according to Pensions UK’s updated Retirement Living Standards. The annual standards, calculated by the Centre...
After Pension Freedoms, default retirement is emerging as one of the most significant structural developments in how we think about retirement outcomes. While the exact operational requirements are still being refined, the...
Pension professionals expect AI-driven solutions to improve engagement, helping members make more informed decisions around retirement. The research, conduced at a recent Society of Pension Professionals webinar, found the majority of attendees...
