Woman anticipate receiving a retirement income that is almost a quarter less than the amount men expect to get, according to Friends Life research.
The Pensions Advisory Service (TPAS) has tested the creative merits of its staff and volunteers by asking them to put a pensions twist on the classic carol ‘12 Days of Christmas'.
Barnett Waddingham has increased the number of qualified actuaries it employs to 120, after eight staff members passed their final exams.
Long term gilt yields remained largely unchanged following the US Federal Reserve's announcement that it would begin reducing its asset purchasing programme from January.
An increase in the auto-enrolment (AE) income threshold will exclude more women from saving into a workplace pension, the Trades Union Congress (TUC) says.
Inheritance is expected to bolster the pension income of people born in the 60s and 70s as they face lower private pension wealth than their predecessors, the Institute for Fiscal Studies (IFS) says.
The Pension Protection Fund (PPF) has appointed six firms to its newly-created audit services panel, launched to improve the assessment process.
AstraZeneca Pension Fund Trustee has agreed a longevity swap with Deutsche Bank covering £2.5bn of liabilities and around 10,000 pensioners.
More than two million people have been auto-enrolled into a workplace pension scheme, according to The Pensions Regulator (TPR).
Almost half (40%) of pension schemes are open to investing in alternative asset classes to reduce their portfolio risk, according to Aon Hewitt.