Cash requests tail off as pension freedoms bed down
The proportion of people looking to take their pensions as cash has declined by almost a third over the weeks since the launch of the freedom reforms, according to research.
But experts say it is too soon to start drawing conclusions about the effects Chancellor George Osborne's changes will have on the broader pensions market. Only 50% of customers at Scottish Widows were...
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Five stories you may have missed this week
This week’s top stories included the launch of Punter Southall’s defined benefit scheme consolidator, while The Pensions Regulator laid down three ‘gateway principles’ for superfund transfers.
Sole trustees will want to shout about our code
Escalating standards for sole trustees will become a norm for reputable firms, even if they are voluntary, says Nigel Hill.
Exclusive: APPT sets out sole trusteeship code
Sole trustees will be expected to assess whether to report to The Pensions Regulator (TPR) if they are removed, or resign, from an appointment because of sponsor’s actions.
CMI: Mortality remains in line with pre-pandemic trends
Overall mortality remains in line with pre-coronavirus trends despite a recent increase in Covid-19 related deaths, according to the Continuous Mortality Investigation (CMI).
ITN Pension Scheme renews fiduciary appointment with Aon
Aon has been re-appointed by the £400m ITN Pension Scheme to provide fiduciary management services.
