The Bank of England must increase interest rates this week to protect pensioners from the effects of high inflation, Ros Altmann says.
Saga director general Altmann (pictured) said the Bank of England should bump up rates from excessively low emergency levels at present because the dangers of not raising rates outweigh the dangers of...
Professional Pensions asked its readers to describe the current state of the pensions industry in one word this week, eliciting a mix of predominantly gloomy adjectives.
Pension schemes are increasingly seeking to provide additional support to members at retirement through online modellers and regulated financial advice, Aon says.
This week’s top stories included more details of PensionBee’s initial public offering and Just Group’s criticism of the effects of freezing the money purchase annual allowance.
ITM has acquired the products and assets of Profund Solutions from Mercer.