Businesses need to do more to help apprentices and younger employees understand pensions, according to the government’s Money and Pensions Service (MaPS). A survey by the public body found only one in...
The Association of Consulting Actuaries (ACA) is calling for clearer guidance to help trust-based pension schemes make the most of targeted support. In its response to the FCA’s Advice Guidance Boundary Review,...
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...
SEI has appointed Leila Samara as client relationship director of defined contribution (DC). Samara has nearly 20 years of experience in the pensions industry, particularly in client management, consultancy, and proposition development....
The Chancellor’s sweeping Mansion House reforms for DC pensions are designed to achieve the government’s ambition of a highly consolidated DC pension market which can invest at scale to boost UK economic...
Has the recent increase in diversity on pension trustee boards had a positive impact upon the quality of their decision making? Although the impact is very hard to measure, it is fair...
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...
The UK retirement sector plays a vital role in helping employees to secure their financial future. Due to the sector’s expansion and increasing regulatory oversight, technical debt has become an obstacle to...
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...
