A number of solutions are emerging that may make financial advice more accessible for defined contribution (DC) savers according to a report by the Pensions Policy Institute (PPI).
The report Consumer financial advice and guidance for high risk DC savers sponsored by LV= found scalable solutions such as robo-advice and online guidance may reduce the cost of advice so that it is perceived...
The government must work with HM Revenue and Customs (HMRC) and the wider industry to clarify GMP equalisation uncertainties, Mercer says.
Online provider Pension Bee has created a flexible pension for self-employed savers, allowing them to make contributions according to their income.
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).
Around two-thirds (77%) of Local Government Pension Scheme (LGPS) funds have received a claim relating to historic transfers over the past 12 months, according to Eversheds.