The government is to consult on introducing a Pension Advice Allowance to enable members to withdraw money from defined contribution (DC) pensions to fund financial advice.
The details contained in documentation for today's Budget says the measures would apply to members up to the age of 55. They would be allowed to withdraw up to £500 tax free from their DC scheme to redeem...
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).
The Barclays Bank UK Retirement Fund (Barclays UKRF) has integrated ESG factors and climate risk into a £1.3bn diversified growth fund (DGF) portfolio used for its defined contribution (DC) scheme.
PensionBee has launched four ready-made investment pathway solutions with State Street Global Advisors (SSGA) ahead of the February implementation deadline.