The state pension age is set to rise much more quickly than anticipated warns Malcolm McLean, as statistics show life expectancy has increased rapidly over the last century.
Mercer has launched a digital platform for employers to address the health and personal finances of their staff.
Employers could have to pay up to 10% more to buy out pension schemes after Solvency II regulations for insurers come in next year, says PwC.
Schemes could be subject to CVA charge for period of weeks or months
Operating profits at Pension Insurance Company rose in the first six months of the year, despite a 62% drop in new business for the bulk annuity provider.
Asset managers must open up to allow investors to separate the skilful from the luck
UK inflation rises 0.1% in July to beat forecasts
The Consumer Prices Index (CPI) 12-month rate edged up to 0.1% in July, the sixth successive month it has been at or around zero.
Bank of England governor Mark Carney has been speaking to the largest fund management houses about how prepared they are for a mass sell-off that could follow an interest rate rise.
A string of mid-sized transactions have made for a record-breaking second quarter in the bulk annuity market, according to data from LCP.