HSBC will no longer offer its Workplace Retirement Services (WRS) through external independent financial advisers (IFAs), it has confirmed.
A spokesman for the bank revealed the decision was made following a review of the business. However, it will continue to offer its commercial banking clients a workplace pension proposition. In 2011,...
Marks and Spencer (M&S) has announced proposals to close its UK defined benefit (DB) scheme to future accrual as it sets out a turnaround plan for the business.
The withdrawal of Project Thor to rescue British Home Stores (BHS) raised concerns about the level of support for both schemes, MPs have been told.
Nearly 60% of advisers believe a digital dashboard will help people engage in retirement planning.
Everyone should be offered the option to draw their state pension earlier than the default age at reduced cost, according to Aegon.