ALMOST a quarter of workers planning to retire in the next five years intend to use their pension tax-free lump sum on a holiday, GE Life says.
In its report – [ital]State of Retirement[ital] – the life assurance company found that only 17pc of respondents planned to save their lump-sum and a further 11pc planned to invest in property. This...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers