The secondary annuity market may fail to emerge and even if it does many people will struggle to make well-informed decisions, according to the Institute for Fiscal Studies (IFS).
The think tank is concerned the government's intention to allow people to sell their annuities from next April will not create a "new utopia" for the UK's 5 million annuitants. IFS researcher Gemma...
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.