If the pensions industry wasn't already aware of the dire state of public confidence in UK savings, the National Association of Pension Funds provided shuddering confirmation.
The NAPF’s Workplace Pensions Survey – which polled 1248 UK employees – revealed only a third of people were confident their pension would provide enough money for their retirement. Just over a quarter...
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.
PP has compiled a list of what to watch out for over the coming months.