The "rules of thumb" for sustainable drawdown income should be abandoned and replaced with tailored rates based on individual circumstances, Aegon has said.
A 65-year old taking income from their pot at 4% a year has a 20% chance of running out of money within 30 years, the firm said in a report with actuarial firm EValue. The firms added this could lead...
Helen Morrissey looks at pension schemes' experience of investing in the property market during 2016 and asks what they can expect during 2017
The Department for Work and Pensions (DWP) has proposed ways to improve the defined benefit (DB) system in its long-awaited consultation paper.
There could be a case to suspend indexation for schemes which are underfunded and where sponsors are in stress, the government has said.
Willis Towers Watson (WTW) has launched a global marketplace in a bid to make the investment management industry more efficient and substantially cut scheme costs.