Surge in pension withdrawals – FCA data
The total number of pension plans accessed for the first time in 2021/22 increased by 18 per cent, according to the FCA. According to its retirement income market data, all products witnessed...
The total number of pension plans accessed for the first time in 2021/22 increased by 18 per cent, according to the FCA. According to its retirement income market data, all products witnessed...
Hymans Robertson has appointed risk transfer expert Lara Desay as a partner. Desay joins from Scottish Widows where she was head of origination and operations for their bulk annuity team. Before joining...
Pi Partnership has appointed Simone Lavelle as its new CEO. Lavelle joins the board of directors with immediate effect as part of our continuous corporate development initiatives. Lavelle previously held the role...
Moneyhub has launched a new Pension Finder feature that can automatically identify gaps in retirement savings by analysing savers’ career histories on LinkedIn. The Pension Finder is intended to assist pension managers,...
SPONSORED CONTENT As auto-enrolment passes its 10th birthday, we have an opportunity to look to the future and see the impact it is likely to have on future generations of retirees. Overall,...
Schemes have a lot of work to do to make sure they are ‘at the front of the queue’ for best deals with insurers warns LCP. LCP says schemes with capacity in...
Succession Wealth has acquired G+E Wealth Management, an independent financial advice business which manages over £800m for clients across Yorkshire. This acquisition brings Succession Wealth's total assets under administration to over £10bn...
Only 16.3 per cent of older workers who rent are on track for a moderate retirement income compared to 57.7 per cent of people who own their own house, according to Hargreaves...
Bulk annuities and longevity swaps totalled £18bn in the first half of 2022, according to Aon. Aon’s UK Risk Settlement Market Update shows that H1 2022 bulk annuities amounted to £12bn. Analysts,...
Reaching the "comfortable" level of the PLSA Retirement Living Standards requires an annual DC pension payment of 20 per cent for those making £45k or more, according to an analysis by Hymans...