THOUSANDS of employees are "sleepwalking into an uncertain future" because of a lack of retirement planning, The Pensions Advisory Service has warned.
Chief executive Malcolm McLean said even workers who have enrolled in company schemes are underestimating how much they need to save for a comfortable retirement. McLean told PP: “TPAS has been going...
The Financial Conduct Authority (FCA) has fined Standard Life Assurance (SLA) nearly £31m after its practices led to conflicts of interest and SLA employees putting their financial needs above those of the firm's customers.
The government has launched a consultation on amending the contribution rules of the NHS Pension Scheme in a bid to mitigate the possibility of members hitting tax allowances.
Aviva has seen a 50% year-on-year increase in the number of enquiries from pension schemes that use investment and administration on separate platforms seeking to move to a bundled provider.
This week's Pensions Buzz respondents were unsure whether Guy Opperman will stay in post as pensions and financial inclusion minister under the new Prime Minister.