Nearly half (45%) of defined benefit (DB) members approaching retirement do not feel informed enough to decide whether to transfer their pension, a survey has revealed.
Meanwhile, 29% of respondents said they would not seek advice about transferring their pot to a defined contribution (DC) fund, according to a report published by LV=. Over a third (34%) said they do...
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.