Nearly half (45%) of defined benefit (DB) members approaching retirement do not feel informed enough to decide whether to transfer their pension, a survey has revealed.
Meanwhile, 29% of respondents said they would not seek advice about transferring their pot to a defined contribution (DC) fund, according to a report published by LV=. Over a third (34%) said they do...
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The local government pension pools for the South West and Midlands are actively hiring senior managers to lead and develop the innovative structures.
There is no reason to be pessimistic about the pensions challenge confronting the nation says former Bank of England governor, Lord Mervyn King.
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