Fidelity Worldwide Investment has revealed what its customers are spending their pension lump sums on, with one retiree using the cash to buy a red Routemaster bus.
The provider said others had used their tax-free cash to buy holiday homes, houses for children and pay for divorces but said worries retirees would blow their entire pots had proved unfounded. Fidelity...
Newton Investment Management's series of DC columns continues with Gerald D Rehn of BNY Mellon forecasting innovation in the market
Pension Insurance Corporation (PIC) has agreed to a 30 year debt investment in Phoenix Community Housing, a not-for-profit, resident-led housing association in London.
Royal London has announced plans to allow customers with guaranteed annuity rates (GARs) to convert their guarantees into a top-up for their pension pot, subject to High Court approval.
The Salvus Master Trust will welcome another 1,200 members and 20 employers as it absorbs the £7m Complete Master Trust.