The Association of British Insurers has unveiled a four-point action plan to reinvigorate UK pension saving.
The financial services trade association said 40% of people are not taking basic steps to save sufficiently for retirement. "This means a vast number of Britons will not have enough money to live comfortably...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.