Young savers are willing to give up employer contributions to save for retirement in the lifetime ISA (LISA), despite this reducing their potential funds.
More than a third (34%) of 16 to 34-year-olds would rather use an ISA to save for retirement than a pension, according to Capita's Employee Insight Report. Furthermore, 60% of 16 to 34-year-olds believe...
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.
The government is seeking ways to ensure "parity" of compensation treatment between Financial Assistance Scheme (FAS) members from solvent and insolvent schemes.