Savers in Zurich corporate pension schemes will be able to access non-advised drawdown from the provider.
The provider said the option would help people looking to take advantage of pension freedom reforms but do not want to take regulated financial advice. Pension freedom gave defined contribution savers...
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.
Thames Water has contracted Aon to bring an “inspiring and innovative approach” to its 4,500-member strong defined contribution stakeholder plan.
Investment and advice giant Quilter has called on the government to consider decoupling employee and employer contribution thresholds for auto-enrolment (AE) due to the pressures of Covid-19.
SEI has partnered with Moneyhub in a bid to enhance its master trust offering and help members improve their financial wellbeing.
Plans to improve value to members in defined contribution (DC) plans by improving investment options and governance while consolidating small schemes have been welcomed as a “wake-up call” for the industry.