Households headed by someone aged between 65 and 74 now hold more wealth on average than those aged 16 to 44, according to research by the Resolution Foundation.
The think tank found the share of total wealth held by households headed by under-45s fell 20% following the 2008 crash, while households headed by older people saw their slice grow two percentage points...
PFI’s retirement business, also known as Prudential Retirement, is expanding its global longevity reinsurance business with an offering driven by growth in the UK pensions market.
Professional Pensions is looking to speak to a number of member-nominated trustees.
This week’s top stories included a ruling for a convicted trustee to return £292,000 in stolen pension funds, while the long-awaited timeline for the pensions dashboard was announced.
A convicted fraudster has been ordered to repay £292,000 which he transferred from savers’ pension pots and funnelled into businesses he part-owned.