Royal London has announced plans to allow customers with guaranteed annuity rates (GARs) to convert their guarantees into a top-up for their pension pot, subject to High Court approval.
The provider said it wants to offer an "actuarially fair exchange" for GARs in a bid to stop policyholders from "throwing away" the value of these guarantees. Around three in five GAR policyholders...
Kim Gubler says the project to deliver the pensions dashboard is on track and that talk of a delay is incorrect.
Eight major pension fund executives have called on prime minister Boris Johnson and the government to allow the financial sector to contribute to the UK’s decarbonisation efforts ahead of the COP26 summit in Glasgow.
A pension benchmark for future living standards is necessary and feasible if enough attention is given to formulating an accreditation that will work for both employers and employees, the Resolution Foundation says.
The UK Pensions Awards 2021 – which celebrate excellence within the pensions industry – are now open for entries.
The founder of Pensions Actuary Services and former Buck chief actuary Mark Stocker has died.