The average pot size of members contacting The Pensions Advisory Service (TPAS) for guidance since freedom and choice came into force is between £45,000 and £48,000.
Speaking today at a Pensions Management Institute seminar on administration, TPAS head of information and guidance Charlotte Jackson revealed many of these people had a defined benefit (DB) legacy underpin....
Online provider Pension Bee has created a flexible pension for self-employed savers, allowing them to make contributions according to their income.
The Pensions Regulator’s (TPR) long-term funding approach will put extra financial pressure on UK pension scheme sponsors, according to Aon.
Older savers are at risk of running out of their defined contribution (DC) pension savings with a third of their retirement still ahead, according to research by The People’s Pension and State Street Global Advisors.
Defined contribution (DC) contributions were scaled back by 11% in the second quarter of 2020 as the impact of the pandemic set in, according to the Office for National Statistics (ONS).
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the December 2020 estimates on the various measures…