Most schemes are unsure if target date funds are suitable for the UK pensions market, research by Clear Path Analysis shows.
The research - which surveyed more than 50 of the UK's largest pension schemes - revealed 64% felt unsure target date funds were suitable for the UK. However, 72% of respondents said they would not...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.