People with no retirement savings could be forced to work until they are 86 if they want to achieve two-thirds of their final salary, Standard Life says.
Analysis of published government data by the life and pensions firm found the real retirement age of people currently not saving for retirement could be between 74 and 86 if they hope to achieve the "holy...
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.