Early retirees 'feel most comfortable' but lose £3,400 every year, finds research
Those retiring early are worse off each year compared to those retiring at the state pension age, but are the most comfortable when it comes to their financial situation, according to Prudential.
Nearly two thirds (60%) of those ceasing work this year will be doing so around 57, well before their expected state pension age or their company's retirement date, the insurer's Class of 2018 research...
More on Defined Contribution
'Headaches' ahead for DC illiquid investment over 'fiendish complexities' of performance fees despite charge cap inclusion
The Pensions and Lifetime Savings Association (PLSA) has welcomed plans to incorporate performance fees in the charge cap, but the Association of Consulting Actuaries (ACA) warned performance fees are “not the only headache” for defined contribution (DC)...
Pension transfer values recover after February dip
Defined benefit (DB) pension transfer values recovered by about a third last month after February’s sharp fall, according to figures from XPS Pensions Group.
PensionBee draws 12,000 customer sign-ups for IPO with estimated market cap of £348m
Around 12,000 PensionBee users have registered for shares in the company after it confirmed its initial public offering (IPO) would comprise an offer to both institutional investors and eligible customers.
Clearer DB guidelines on advice versus guidance needed, industry says
Guidelines on what is and is not viewed as defined benefit (DB) trustees providing members with regulated advice need to be clearer, respondents to a Professional Pensions survey say.
UUK asks employers how to retain 'inclusive and affordable' USS benefits
Universities UK (UUK) has opened a formal consultation with employers in the Universities Superannuation Scheme (USS) seeking views on how to tackle the scheme’s funding situation.
