Steve Watson: Small pots – big problem
Recently the Department for Work and Pensions (DWP) issued a new consultation – Ending the proliferation of deferred small pension pots – which looks to address the growth of deferred small pots. ...
Recently the Department for Work and Pensions (DWP) issued a new consultation – Ending the proliferation of deferred small pension pots – which looks to address the growth of deferred small pots. ...
The Pensions Regulator's (TPR) 2023 funding analysis shows ongoing improvement in the funding of defined-benefit pension schemes. This year, more pension schemes are in surplus, reaching 38.7 per cent, up from 27...
SPONSORED CONTENT As interest rates continue to rise and inflation remains stubbornly high, it’s no surprise that financial wellbeing levels are at a low point, with just 41% of the UK population...
‘Financial wellbeing’ has become something of a buzzword in the financial services industry in recent years, with many employee benefits providers now offering a range of tools and services in this area....
Prime Minister Rishi Sunak has affirmed his commitment to upholding the state pension triple-lock, following an 8 per cent surge in earnings growth in June. The state pension is subject to the...
More schemes may be able to explore securing benefits through a superfund as a result of updated The Pensions Regulator (TPR) guidance on superfunds, adding much-needed capacity to a market for risk...
Aviva reports an 8 per cent rise in half-year operating profit, driven by soaring demand for private health insurance amid NHS strikes. Workplace reached £100 billion AUM, net flows grew 25 per...
Only 18 per cent of renting households are on track to achieve a moderate retirement income, according to new data from the HL Savings and Resilience Barometer for July 2023. This represents...
Nest Pension has made two appointments to its governance structure, as Minister for Pensions Laura Trott MBE MP reappoints Karen Cham to the Nest Board, while the Board itself appoints Katrina Shenton...
Pension savings make up less than two-fifths of retirement income on average and that drops to less than a third for single pensioners, according to pension provider iSIPP shows. According to a...