UK

Around 6 per cent of pension savers, totalling 1.5 million people, chose to reduce their contributions or halt retirement savings in the six months to January 2023 due to the rising cost...

There has been a sharp growth in the number of working age people suffering from chronic health conditions, according to the latest ONS data.  Government figures show that over a third (36...

The Pensions Regulator is urging trustees to offer members a ‘midlife MOT’, to help with future retirement planning.  It says schemes should make the most of the resources now available via the...

The average retired household needs around £23,675 a year in income but costs drop after pensioners hit 75, according to a new analysis from iSIPP. According to its research of the most...

Helen Dean will step down as the CEO of Nest next year, after almost eight years in the role.  Dean, who was awarded an CBE for her services to the pensions industry,...

Actuaries should be looking to quantify and model the risks around biodiversity loss according to a new policy statement from the Institute and Faculty of Actuaries (IFoA).  The policy recognises the social,...

Nest has launched a procurement exercise to award a new contract for its fund administration services.  Its current contract, which providers both investment custody and fund administration services expires in October 2025. ...

Savers will need to accumulate a pension pot of £285,000 to secure a ‘modest’ standard of living in retirement. New analysis by Standard Life, using the Pensions and Lifetime Savings Association’s retirement...

Mercer has appointed David Morrow to the new role of insurance propositions leader. In this role he will develop and implement Mercer’s investment proposition across Europe, the Middle East and Africa, expanding...

Almost three out of four pensions have not checked their eligibility for state benefits, because they believe their income or savings are too high. New research from Hub Financial Solutions founds that a...