The Money and Pensions Service (Maps) will develop a ‘later-life checklist’ to help over-50s who have been affected by Covid-19 and need to plan for their financial future.
The decision comes in response to 13 recommendations on building financial wellbeing in light of Covid-19, laid down by the ‘challenge group' chairs who advise Maps. The ‘later-life checklist' will...
The number of savers using information or guidance services such as Pension Wise is barely higher than three years ago despite efforts to promote the benefits, the Financial Conduct Authority (FCA) says.
This week’s top stories included Capita’s sale of its employee benefits business, while research from the Association of Consulting Actuaries found little support among employers for multiple pensions dashboards.
In a year of exceptional circumstances and getting to grips with new technology, the trustee meeting must go on – but not always to plan.
The onset of the pandemic dented asset valuations but it will take time to understand the true cost for defined benefit (DB) schemes.