Just 18,000 take Pension wise guidance since launch
The number of face-to-face and over-the-phone guidance sessions provided by the government-backed service Pension wise has reached almost 18,000 since its launch in April.
But experts said this was low given government projections that around 320,000 people will retire on defined contribution (DC) pensions every year. This comes after figures from the Association of British...
More on Industry
Scottish Widows adds 289,000 members to build workplace market presence
Scottish Widows’ workplace pension assets hit £68bn at the end of 2020, comprising almost half of its total £113bn of open book assets under administration.
CMI: Excess deaths beginning to fall
The number of deaths registered in England and Wales for week six of 2021 was 27% higher than expected, down from 52% higher than expected in week five of the new year.
Pension freedoms introduced too fast with safeguards passed over
Corners were cut in the 2015 introduction of pension freedoms which have left pension savers vulnerable and suffering, according to Work and Pensions Committee (WPC) chairman Stephen Timms.
Sustainable Investment Forum: Registration opens
Registration for the inaugural Sustainable Investment Festival is now open.
Phoenix buys Standard Life brand
Phoenix has bought the Standard Life brand from Standard Life Aberdeen as part of another wide-ranging deal between the two financial giants.
