Pension providers must improve the quality of service on offer to members taking out an annuity to help maximise retirement income, experts believe.
Members of the Prudential Retirement Income Panel also said more needed to be done to speed up transfer times for pension funds being converted into annuities. The Association of British Insurers’...
University College Union (UCU) and Universities UK have appointed Joanne Segars to chair the joint expert panel to examine the valuation of the Universities Superannuation Scheme (USS).
The Pensions Regulator (TPR) was right to use its powers to seek financial support from ITV for members of the Box Clever pension scheme, the Upper Tribunal has said.
All 6,000 UK schemes had a surplus of £361bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
Research highlights confusion about where responsibility to support members on transfers lies. Kim Kaveh looks at the key findings.