The number of face-to-face and over-the-phone guidance sessions provided by the government-backed service Pension wise has reached almost 18,000 since its launch in April.
But experts said this was low given government projections that around 320,000 people will retire on defined contribution (DC) pensions every year. This comes after figures from the Association of British...
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.
The lifetime allowance will rise to £1,054,800 from April next year as the Office for National Statistics (ONS) recorded inflation at 2.4% in the year to September.
The national procurement frameworks for the Local Government Pension Scheme (LGPS) has been expanded to include member data services.