Lloyds Banking Group wants to increase its financial planning and retirement open book of assets by more than £50bn by 2020 and add an additional one million new pension customers.
The group, which includes pensions provider Scottish Widows, outlined its plans in a three-year strategic plan released this morning. It said it wanted to deepen customer relationships, grow in targeted...
In this week's Pensions Buzz, ahead of Wednesday's Budget, we want to know whether you think Chancellor Rishi Sunak should freeze the lifetime allowance.
Interactive digital dashboards, cloud-based platforms, artificial intelligence and machine learning – all of these have a place in the exciting future of the pensions sector.
Law Debenture posted £11.5m of revenue in its pension business in 2020, growth of 8.3% on the prior year, with its governance service receiving enhanced activity.
This week’s top stories included a legal challenge over the government’s Retail Prices Index realignment, while British Airwards deferred £450m in deficit recovery contributions.
Most reform options for pension tax will leave many savers with smaller pots and cause substantially more costs for schemes and employers, says the Pensions and Lifetime Savings Association (PLSA).