Defined benefit (DB) transfer values rose by £31,000 over 2016 thanks to a fall in gilt yields, according to Xafinity's monthly index.
The estimate sat at around £234,000 at the end of December, up 2% since November, and 15% since December 2015. However, it remains below the record high set on 4 October 2016 when the estimate hit £243,327,...
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?