The Institute and Faculty of Actuaries (IFoA) has warned increases in life expectancy could lead to individual hardship and put a strain on the benefits system.
The Challenge of Longevity Risk: Making Retirement Income Last a Lifetime, launched today, examines longevity trends and the implications these will have on retirement income. It says that better systems...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.