The number of savers opting to withdraw a tax-free lump sum from their pension has dropped more than 53% since the start of the coronavirus pandemic, according to the Association of British Insurers (ABI).
This is one of many pension protection measures noted during lockdown as savers face a volatile market and rising unemployment prospects. Comparisons between April 2019 and April 2020 from the ABI found...
Professional Pensions’ Women in Pensions Awards is returning this October and now open for nominations.
The industry needs to proceed with caution when giving members’ the illusion they have voting rights on the shares in their pension scheme, PTL says.
Three industry veterans have formally launched a dedicated Professional Corporate Sole Trustee (PCST) firm in a bid to capitalise on growing demand in the area.
The Pensions Management Institute (PMI) has accredited 20 Punter Southall Governance Services (PSGS) trustees under its professional trustee accreditation programme, Aptitude.
Trustees receive a huge amount of guidance, but is it all useful? Holly Roach reports.