Retirees with a guaranteed income reported higher levels of satisfaction and faced fewer affordability challenges, a study from Legal & General and the Happiness Research Institute has found. The ...
I know the invaluable contributions pension scheme administrators make behind the scenes, ensuring the smooth functioning of our financial systems. At the same time, I am aware of the current ...
UK defined benefit (DB) pension scheme surpluses reached record levels in October, with an aggregate surplus of over £208bn, XPS Group analysis has revealed. The figure rose "significantly" from ...
Following the Budget and the Chancellor’s ‘decision’ not to simplify the pension tax regime, we have been left with the current system where individuals, employers and the pensions industry are ...
Just 11 per cent of annuity providers and industry experts believe that insurers will be ready to implement HMRC’s Real Time Information (RTI) initiative on time, Xafinity Paymaster has warned. The ...
More than one in five (22 per cent) UK adults wish they had learned to save for retirement earlier, a report from Aqua has found. This was particularly true for those aged 45 to 64, with 27 per cent ...
Guidance from The Pensions Regulator (TPR) and the Information Commissioner’s Office (ICO) should be better aligned and expressly refer to the specific intricacies of the pensions sector, the ...
The Armfield Limited Pension and Life Assurance Scheme has completed a £7m buy-in transaction with Just Group, securing the retirement benefits of the scheme's 24 pensioners and 15 deferred members.
The pensions industry must try and avoid appearing “tone-deaf” to the cost-of-living crisis in its attempts to pressure policymakers to push through the reforms outlined in the 2017 auto-enrolment ...
All fiduciary managers (FMs) in the pensions industry delivered positive returns in 2023, although there was a wide divergence in terms of their investment performance, according to research from XPS ...