UK - Retirement specialist GE Life is enhancing its product range with the introduction of a new phased drawdown product.
The plan is designed for clients who require income but not one-off cash lump sums, and those looking for flexibility over future income. The plan will also help clients maximise the lump sum available on death and minimise their potential inheritance tax liabilities.
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).
A model aimed at reducing climate change-related financial risk exposure from corporate credit assets has been launched by Insight Investment.
Universities Superannuation Scheme (USS) members should be responsible for most of the cost of increased contributions if the scheme's defined benefit (DB) section remains open to accrual, Pensions Buzz respondents say.