UK - Alexander Forbes Financial Services has launched an online pensions calculator which shows money purchase scheme members their full retirement income prospects.
It claims the site – www.retireontarget.com – is the first publicly available online tool that includes current pension savings, state pension entitlements and the cash value of previous schemes.
Unlike other online pension targeting models, which only calculate the future projection of DC savings, the website calculates the value of existing arrangements and state benefits to give a more accurate assessment of retirement income.
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
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The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.