Industry

CPI attack on pension income harms us all

Britain's optimism about retirement is lagging behind the USA and Canada, according to research from Sun Life Financial of Canada.

Government must implement radical reforms to provide incentives for pension saving, Fair Investment Company says.

An Association of Member Nominated Trustees and Directors is set to be launched this year in response to growing demand within the industry.

Reforming the Age 75 rule will reinvigorate the retirement income market but care should be taken not to undermine the annuity sector, the ABI warns.

Strengthening state pension provision is key to helping people develop a decent income in retirement according to pensions minister Steve Webb.

The Association of British Insurers has unveiled a four-point action plan to reinvigorate UK pension saving.

Aon Hewitt will deliver cost savings of $355m (£235m) a year through cuts in both back and front office operations, Aon Corporation says.

Pensions minister Steve Webb has made a written statement to parliament clarifying the government's proposals to index private sector pension increases to CPI rather than RPI.

Risk Management Solutions has launched a medical-based approach to quantifying longevity risk that takes account of changing mortality phases.