The value of pensions in the UK continues to decline, despite growth predictions for the economy, Aon Consulting says.
The consultant said pension pots have shrunk further over the last four weeks, so that a 30 and 60-year-old's annual pension income has declined by £518 and £358 respectively. It said 65-year-olds were...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.