Over 750,000 scheme members at risk of passing pensions to the wrong person when they die
Hundreds of thousands of people coming up to retirement are at risk of their pension being given to an ex-partner when they die, Royal London research finds.
The insurer estimated that some 773,000 people aged between 55 and 64, who are now in second or subsequent relationships, may be affected by this issue. According to Royal London, the problem arises...
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The Universities Superannuation Scheme (USS) trustee board has warned investment returns will be lower in the future than expected as it edges closer to concluding its 2020 valuation.
Pension transfer values end volatile year 8% up; Scam 'red flags' at record high
Pension transfer values ended 2020 at £259,000, 8% higher than the start of the year, according to XPS Pensions, after suffering periods of substantial volatility linked to the pandemic while potential scams reached record highs.
PensionBee launches flexible offering for self-employed
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TPR's long-term funding approach 'will put extra financial pressure' on scheme sponsors
The Pensions Regulator’s (TPR) long-term funding approach will put extra financial pressure on UK pension scheme sponsors, according to Aon.
Two-thirds 'sleepwalking' into retirement and will run out of pension in their 80s
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.
