Pensions have become the 'largest component' of household wealth
Pensions have overtaken household property wealth to become the largest component of household wealth, according to analysis from the Resolution Foundation.
Data from the Office for National Statistics (ONS) revealed the UK's total wealth grew by 13% to a record £14.6trn in the two years to 2018. According to analysis of the ONS data by the Resolution Foundation,...
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Women in Pensions Awards 2020: Virtual ceremony
Professional Pensions is delighted to confirm the Women in Pensions Awards 2020 will be presented at a virtual ceremony on 25 November.
Lifetime allowance to rise to £1.078m in line with 0.5% inflation
The lifetime allowance is set to rise to £1,078,900 from April next year in line with the 0.5% inflation figure.
UK pensions system flops in global rankings; Covid-19 puts flaws 'in sharp focus'
The UK has continued to struggle against its peers in an international analysis of pension systems due to continuing concerns over adequacy and sustainability.
Just one in six schemes report long-term covenant damage
Just one in six (16%) of schemes believe the Covid-19 pandemic has weakened their sponsor’s ability to support them in the long term, research by Willis Towers Watson finds.
Have your say: Should members be allowed to access their pension early to 'borrow' a deposit for buying a house?
In this latest Pensions Buzz we want to know whether you think savers should be allowed to access their pension early in order to buy a house.
