Behavioural economics can be adopted to improve the expenditure decisions of retirees, the Pensions Institute says.
The institute's latest paper, Spend More Today: Using Behavioral Economics to Improve Retirement Expenditure Decisions identifies how accumulated assets can be used optimally throughout retirement. ...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.