Early retirees 'feel most comfortable' but lose £3,400 every year, finds research
Those retiring early are worse off each year compared to those retiring at the state pension age, but are the most comfortable when it comes to their financial situation, according to Prudential.
Nearly two thirds (60%) of those ceasing work this year will be doing so around 57, well before their expected state pension age or their company's retirement date, the insurer's Class of 2018 research...
More on Defined Contribution
Covid restrictions lead Mitchells & Butlers to defer £13m of contributions
Mitchells & Butlers has deferred £13m of deficit recovery contributions (DRCs) after tier four Covid restrictions wreaked havoc across the hospitality sector.
BA defers £450m of DRCs after 'swift and severe' pandemic closures
British Airways (BA) has deferred deficit recovery contributions (DRCs) totalling £450m following an agreement with trustees after a catastrophic year for the airline industry.
LCP calls for 'fundamental rethink' on DC chair's statements
Defined contribution (DC) chair’s statements need a major re-think as part of the Department for Work and Pensions’ five-yearly statutory review on the rules around scheme governance in 2021, LCP says.
Consolidating DC schemes urged to act before 'capacity crunch'
Trustees must undertake a five-step process urgently if they are seeking to move their single-employer defined contribution (DC) scheme into a master trust, says Premier.
DB transfer complaints to ombudsman jump 44% in 2020
Jump from 554 in 2019
