The PensionDCisions UK Sponsor Default Survey showed the top three consultants shared 70% of the UK market versus 26% in the US. Is this concentration good for the industry?
Professional Pensions features editor Helen Morrissey says: While DC World’s online polls often stir up debate the results are rarely as decisive as this. A whopping 95% of those taking part in this survey...
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.
The Pensions Advisory Service (TPAS) helped 187,000 people in 2017/18, a 9% fall on the previous year despite setting up special helplines for specific scheme members.
The Liberal Democrat party has passed a motion pledging to cap tax-free lump sums under Freedom of Choice at £40,000 if elected into government.