Retirees are increasingly exposed to fraudsters since the pension freedoms were introduced due to the high cost of advice, according to the Trades Union Congress (TUC).
Nearly 400,000 people accessed their defined contribution (DC) savings between April 2015 and March 2016 without receiving financial advice, according to the trade union association. This figure included...
Kim Gubler says it is time that schemes and administrators reassess SLAs and look at what real people need from their pension schemes and when
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.