Almost a fifth of defined contribution (DC) pension schemes will offer flexible drawdown as a result of the freedom and choice reforms, according to research.
Linklaters, which carried out the study, said this was higher than expected given the administrative complexity and likely higher costs involved in providing the pension freedoms. The survey of 70 trustees...
The industry is split on whether The Pensions Regulator’s (TPR) January removal of late payment reporting flexibility is too early, a Professional Pensions poll shows.
Hymans Robertson has cut the carbon footprint of its pension plan by around 33% while delivering lower charges by launching a fresh default investment strategy.
Both defined contribution (DC) scheme membership and assets are continuing to show steady growth despite the Coronavirus outbreak, according to the Pensions Policy Institute (PPI).
PP looks at the pensions great and good who oversee contract-based schemes
The least financially secure pension savers may be increasing their personal debt levels or foregoing household essentials after paying pension contributions, The Investing and Saving Alliance (TISA) says.