Annuities are as difficult to explain as particle physics for most of the nation while only 5% of the population believe they could effectively describe pensions and key protection insurances.
However the toughest individual item to communicate from a list of 15 posed by Friends Life was income drawdown - a key element of the incoming retirement freedoms. The results highlight the difficult...
The Pensions and Lifetime Savings Association (PLSA) has revamped the standards for its Pension Quality Mark (PQM) in a bid to raise the quality of single-employer defined contribution schemes.
People approaching retirement are "systematically misjudging" their longevity and undervaluing annuities, the Institute for Fiscal Studies (IFS) says.
Professional Pensions is holding a breakfast briefing on engaging defined contribution (DC) members on 7 February.
Panellists at a PP webinar discuss October's High Court judgment on GMP equalisation, how schemes have responded, what their strategies should be, and how the industry can approach it.