Industry

Dashboard dilemma

The industry has welcomed the introduction of the Pension Schemes Act, with many praising the important changes it introduces for millions of savers in workplace pensions.

This week’s top stories included the government’s announcement that the normal minimum pensions age will rise to 57 in 2028, while PwC research suggested lagging remuneration and lack of diversity among trustees.

UK GDP was 1.2% higher in December 2020 as eased lockdown restrictions for the month helped to bring total growth for the fourth quarter of the year to 1% overall, according to the latest Office for National Statistics (ONS) data.

Standard Life Aberdeen (SLA) is expected to change its name as part of deal with Phoenix Group, which is set to buy the 200-year old Standard Life brand, according to reports.

Excess deaths across the UK remained 50% higher than normal in the last week of January as Covid-19 continues to significantly impact figures.

Professional Pensions rounds up some of the latest tender awards from across the industry.

Professional Pensions is pleased to announce the launch of a brand-new event for 2021, taking place on 4 March 2021.