Even prudent retirees risk making poor decisions when pension freedoms kick-in next year, with more than one in three intending to switch their savings into a bank account.
Almost 40% will put the cash into a savings account, current account or an ISA despite historically low interest rates, according to a study by Fidelity. It found that 48% were hoping to take some of...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.