An individual retiring in 2017 will have a pension pot just three quarters of someone retiring in 2007 immediately before the crash, according to research by Fidelity International.
Its modelling exercise showed a typical pre-crisis retiree earning ended up with an average pot size of £180,106, compared to 2017 retirees who had an average pot of £139,110 - only having 46% of the buying...
The restructuring division of KPMG, including its employer covenant team, will be acquired by H.I.G Europe.
Aviva secured record net flows of £8.5bn into its saving and retirement products in 2020, while bundled workplace assets under management grew by 14% to £81bn, its annual results reveal.
Nigel Peaple sets out the PLSA's focuses for the year ahead.
Chancellor Rishi Sunak has confirmed that the pensions lifetime allowance will be frozen at its current rate until 2026.
Tender Watch: Access appoints Minerva for RI review; National LGPS Frameworks launches global custody solution
Professional Pensions rounds up some of the latest tender news from across the industry.