Total payouts in the first year of pension freedom reached £8.2bn, according to data from the Association of British Insurers (ABI).
Figures released today state £4.3bn was paid out through 300,000 lump sum payments, at an average of £14,500. Some £3.9bn was also released from pension pots through 1.03 million drawdown payments, the...
Pension Wise saw a 49% increase in customers arranging appointments with the service over the course of 2018/2019.
This week’s top stories included The Pensions Ombudsman’s rejection of several British Steel complaints, and the unveiling of the Money and Pensions Service’s financial wellbeing strategy.
One in three say bringing projects together will be more efficient.
Know a woman with a great business idea trying to catch the eye of the investment world? Tell them to buckle up, because research suggests they are going to have a problem, writes Laura Miller
This week's edition of Professional Pensions is out now