Workers over 50 fear their retirement incomes will be "decimated" by the recession and that they may be forced out of work due to their age, research by Help the Aged and Age Concern reveals.
The charities found around half the 943 respondents (47%) said they were less confident than six months ago that their pension and savings would ensure a comfortable standard of living in retirement. More...
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.