UK - One-in-five people in their 20s will invest in the stock market to boost retirement funds, research from the Halifax ShareBuilder Index reveals.
Halifax Share Dealing managing director Sue Concannon said: “Over any 10-year period, the stock market has outperformed almost any other type of investment, including savings accounts or investing in property.”
Partner Insight: In recent years, pensions administrators have seen scheme member engagement increase significantly. The advent of Pensions Freedoms in 2015 and the increased choices faced by members have led to a sea-change in the levels and types of...
Purna Bhudia looks at how the PPF's investment strategy has evolved, especially in the area of credit
Two consultancies have reported decreases in defined benefit (DB) transfer quotation requests in Q3, and said guaranteed minimum pension (GMP) equalisation could impact transfer activity.
The Association of Consulting Actuaries (ACA) and Royal London have proposed a "pensions pound" to "radically simplify" defined benefit (DB) pensions rights.