The government will replace the statutory guidance providers the Money Advice Service, The Pensions Advisory Service and Pension wise with new bodies following a further review.
The Treasury said it will introduce a new pensions guidance body and a new, slimmed down money guidance body in their place. It will be funded by a levy on the financial services and pensions sectors. ...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.