Society's view of retirement will significantly shift when the government abolishes the default retirement age in April next year, Aviva predicts.
In its fourth Aviva Real Retirement Report, the life and pensions firm said it foresees the rise of the “DIY” approach as workers opt for a more flexible retirement. The report said a third of retirees...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.