Just 13% of employers have reviewed their pension offerings since the April freedoms as most companies are still struggling to understand the implications, according to research.
As insurers implement new capital buffers that make bulk annuities less profitable, Kristian Brunt-Seymour explores how it will impact the market.
Mercer has acquired health services firm Positive Ageing Company to help companies respond to the challenges of an ageing workforce.
Short-term bulk annuity pricing has become less predictable due to volatile market conditions and insurers adjusting to Solvency II, according to Aon Hewitt.
The Pensions Management Institute (PMI) has joined forces with Wealth at Work to tackle financial education in the workplace.
M&G Investments has appointed Anne Richards (pictured)as chief executive officer to succeed Michael McLintock who will retire later this year.
Statistics from HM Revenue and Customs (HMRC) have revealed 188,000 people have accessed around £3.5bn since freedom and choice came into effect last April but figures tailed off at the end of 2015.
Self-employed people would rather invest cash into savings accounts, cash ISAs or property than pay into a private pension, according to research by Citizens Advice.
Defined benefit (DB) pension schemes should move away from index-linked gilts and increase exposure to risk assets in order to plug deficits, according to research by Fathom Consulting.
Employers are wishing for a peaceful New Year with no regulatory upheaval.