People retiring at 65 will need to live a minimum of 17 years to get back the money have saved in their pension fund due to today's low annuity rates, Rockingham Retirement says.
Director of corporate communications Laura Goodman said typically a man retiring at 65 would have to live for another 17 years to get back the £30,000 saved in his pension. She said: "And we calculate...
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.