UK - Standard Life is including an annuities calculator in its group AVC members' pack to show the additional pension each policy will provide.
The calculator is designed to show the level of contributions required to fund each member’s pension gap.
It can be used to find out the level of contribution required to provide an additional monthly pension of £200/£400/£800/£1600 based on each member’s age.
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.