Providers should develop default retirement pathways, say respondents
In this week's Pensions Buzz we asked if, following the announcement that Smart Pension and Legal and General are developing the first default retirement pathway combining annuities and drawdown, other providers should follow suit.
Also, whether the regulator significantly boosting its staff for more visible and forceful action against flagging schemes will be enough, and if it is focusing too much on the protection of defined benefit...
More on Defined Contribution
Around 240,000 pension savers may have lost more than £14bn to fraud
More than 240,600 savers have lost an estimated £14.6bn of pension savings to fraudsters, but a further £2.5trn remains potentially accessible to criminals, The People’s Pension (TPP) says.
Aviva Master Trust default strategy now fully ESG factored
Aviva Investors’ fully ESG-integrated ‘My Future Focus’ investment strategy has been adopted by the Aviva Master Trust as its standard default.
CMI: Second wave excess deaths hit 5,000
Another week-on-week increase in the number of deaths with Covid-19 mentioned on the death certificate has brought total excess deaths since the beginning of the second wave to 5,000.
Smart launches retirement product
Smart has launched a retirement product in a bid to help guide members and bridge the advice gap.
Have your say: Should trustees be held accountable for the security of data and assets in the event of a cyber attack?
In this week's Pensions Buzz, we want to know if you agree that trustees be held accountable for the security of data and assets in the event of a cyber attack.
