The UK’s largest pension providers are “persistently failing” to address their role in financing both a climate and nature crisis, according to pressure group Make My Money Matter. Its latest report scores...
Annuity sales are at a 10 year high, with 89,600, people using their pension to secure a guaranteed income for life last year — a 24 per cent annual increase. In total...
The Treasury Committee’s Lifetime Isa review presents an opportunity to debate the marmite of all tax wrappers. It started out with great hope: young workers could save into a scheme (with a...
A British Armed Forces veteran has been awarded £92,802.71 in compensation after being mis-sold a pension transfer that cost him nearly £93,000 in lost retirement funds in 1993. Mr J was advised...
DC providers are directing an “outsized portion” of illiquid asset investments into UK opportunities, according to research from Isio. It has looked at private assets strategies across the defaults of 15 DC...
Benefex and Benify have officially joined together to create Benifex, supporting over 3,000 organisations in more than 100 countries. Benifex customers will benefit from a platform that benchmarks millions of benefit enrolments,...
It’s clear more needs to be done to support the upcoming generation of retirees given the problems of smaller multiple pension pots, barriers to advice, limited guidance and a far greater proportion...
UK pension assets declined in value over the past year, the only major pension market to do so, according to the Thinking Ahead Institute’s latest Global Pension Assets Study. The UK remains the...
Just over 9.2m people are economically inactive in the UK, according to the Office for National Statistics, of which 2.8m are unable to work due to long-term sickness. Left unchecked, the Institute...
The UK workplace pensions industry could make savings of up to £1bn on private markets fees according to new research but it warns DC pensions currently do not have the same to...
