ADDING a default annuity option to the government's proposed personal accounts could slash savers' retirement income, GE Life warns.
Industry representatives and the department for work and pensions held talks on the “decumulation phase” of the proposed overhaul of the UK pensions system last week. The meeting heard the government...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.