Industry

Interactive digital dashboards, cloud-based platforms, artificial intelligence and machine learning – all of these have a place in the exciting future of the pensions sector.

Law Debenture posted £11.5m of revenue in its pension business in 2020, growth of 8.3% on the prior year, with its governance service receiving enhanced activity.

This week’s top stories included a legal challenge over the government’s Retail Prices Index realignment, while British Airwards deferred £450m in deficit recovery contributions.

Most reform options for pension tax will leave many savers with smaller pots and cause substantially more costs for schemes and employers, says the Pensions and Lifetime Savings Association (PLSA).

Scottish Widows’ workplace pension assets hit £68bn at the end of 2020, comprising almost half of its total £113bn of open book assets under administration.

The number of deaths registered in England and Wales for week six of 2021 was 27% higher than expected, down from 52% higher than expected in week five of the new year.

Corners were cut in the 2015 introduction of pension freedoms which have left pension savers vulnerable and suffering, according to Work and Pensions Committee (WPC) chairman Stephen Timms.

Registration for the inaugural Sustainable Investment Festival is now open.

Phoenix has bought the Standard Life brand from Standard Life Aberdeen as part of another wide-ranging deal between the two financial giants.

The government is currently consulting on raising the age whereby people can access their pensions, increasing it from 55 to 57 years old. How could such a change could alter retirement planning?