pensioners
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PMI & SPP unite in opposition to government mandation plans
Sector leaders call for refinements to investment powers as evidence is presented to Pension Schemes Bill Committee. The Pensions Management Institute (PMI)…
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Iress teams up with Aviva to deliver fully online application process
Iress has partnered with Aviva to launch its new Guaranteed Fixed Term Income Plan, now available through a seamless online annuity quote…
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Scottish Widows: FCA seeking to boost workplace pension saving schemes
Workplace pensions transformed retirement saving, and Pete Glancy at Scottish Widows believes similar schemes could help address the nation’s short-term savings crisis.…
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The pension savers who claimed back more than £100,000 emergency tax on pension income
Around 2,400 individual pension investors successfully claimed back more than £10,000 emergency tax on retirement income last year, with some people having…
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State Pension could rise by £550+ thanks to Triple Lock as earnings growth outpaces inflation
New analysis from leading independent financial services consultancy Broadstone suggests the State Pension is set for another significant uplift under the Government’s…
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Women feel less in control of their pensions than men, new data shows
Women are far more likely than men to feel powerless over their pension savings and pessimistic about retiring in comfort, new research…
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The state pension remains a critical income source according to Quilter’s new Retirement Lifestyle Report
Groundbreaking new research, published today, reveals the real spending patterns of, and the financial pressures on, UK retirees for the first time.…
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SPP calls for 2.3m carers to receive ‘carer credits’ to boost pensions
In July the government revived the Pensions Commission, to address the UK’s retirement crisis that risks tomorrow’s pensioners being poorer than today’s. To…
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UK state pension age review launched amid rising demographic pressures
Dr Suzy Morrissey today announced she has been appointed by the Department for Work and Pensions (DWP) Secretary of State to prepare…
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How advisers can help clients master the skill of spending
As retirement becomes more flexible and personalised, a surprising challenge is emerging: many people find it hard to spend the money they’ve…
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Just Group completes £56m full-scheme buy-in for Brother Staff Retirement Benefits Scheme
Just Group (“Just”) has completed a £56m full-scheme buy-in with the Brother Staff Retirement Benefits Scheme (the “Scheme”). The Scheme is sponsored…
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Aviva launches new guaranteed fixed term annuity to meet evolving retirement needs
Aviva has today announced the launch of its Guaranteed Fixed Term Income Plan, a new addition to its retirement income portfolio, designed to…
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TISA responds to FCA’s multi-firm review of life insurers’ pension transfer process
TISA have highlighted the importance of ‘effective solutions that allow consumers to transfer their pensions safely and efficiently’ ahead of new initiatives,…
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AI for pensions: transformative potential, responsible use
The pensions industry is entering a new era driven by the transformative potential of AI. From enhancing operational efficiencies to delivering personalised…
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Supercharge your pension: Moneyfarm’s top tips to maximise your retirement savings
As the cost of living and retirement expenses continue to rise, Moneyfarm, one of Europe’s leading digital wealth managers, shares its essential…
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Want to make your summer holiday permanent? Don’t forget about your pension
Standard Life‘s Dean Butler answers key pension questions for those looking for something more long-lasting. Dean Butler, Managing Director for Retail Direct…
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Latest DWP figures highlight scale of early access to pension
Seven in 10 of the 3 million pension savers who have taken flexible payments since the 2015 ‘pension freedom’ rule changes were…
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Average pension transfer times speed up since new tax year
Simpler pension transfers took an average of just 10.8 days to complete as the industry moved out of the busy tax year…
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IHT on pensions is a consumer duty challenge for regulator and advisers
Market-leading later life lending platform Air is urging advisers and the regulator to focus on the Consumer Duty challenge posed by the…
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OCIO mandates reshape fiduciary management as assets under management surge
Outsourced Chief Investment Officer mandates are reshaping the UK fiduciary management landscape, with recent findings from Isio revealing that large-scale OCIO deals…
