The pensions industry is full of vested interests and must cut out "parasites" in order to regain trust in saving, a consultant says.
HamishWilson managing director Hamish Wilson told the Pensions and Benefits Show that the industry must reform to prevent people "abandoning the pensions industry" and relying on "buying a flat in Croydon"...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.