The pensions industry has responded positively to Treasury's Freedom and Choice in Pensions consultation that was launched after the Budget. Responses to the consultation, which closed today, supported giving savers more flexibility in the retirement choices, but the question of how to deliver the government's ‘guidance guarantee' continues to split the industry.
Pot freedom Standard Life head of workplace strategy Jamie Jenkins says that the firm are in full support of the government's decision. "We fully support the government's aim of giving pension savers...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.