MORE than eight out of 10 people have little or no confidence in the UK pensions industry, new research reveals.
The study by research group CoreData found 16pc of UK consumers had “no confidence” in the industry and thought “they would much rather rip you off than give you a fair deal”. A further 32pc had little...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.