Pensioners are at risk of overspending in their retirement years due to flexibilities allowing them to withdraw straight from their defined contribution (DC) pots, according to Prudential.
Ladbrokes has begun a consultation into closing its defined benefit (DB) pension scheme to future accrual.
Consumer price inflation tumbled to 1.6% in July 2014, down from 1.9% in June 2014, the Office for National Statistics (ONS) reveals.
Executives at the UK's largest companies are increasingly opting to receive cash payments instead of pensions, research shows.
The Institutional Investor Committee (IIC) - a group of trade associations that represent institutional investors - is to be disbanded following the merger between the Investment Management Association and the Association of British Insurer's investment...
Strong bulk annuity sales have helped plug losses incurred in Prudential's individual annuity business, its half-year results show.
The value of buy-in and buyout deals completed in the first half of the year was four times higher than in the same period last year, research shows.
The majority of UK defined contribution (DC) savers are not satisfied with their plans, according to research.
The Treasury expects to net an extra £3.9bn between 2015 and 2020 as a result of tax reforms designed to facilitate the Budget freedoms.
The cost of implementing the 0.75% charge cap has already overshot expectations from the Department for Work and Pensions (DWP).