Quantum Advisory's Stuart Price has criticised suggestions that the richest 5% to 10% of retirees should be cut off from the state pension.
His comments came after the Organisation for Economic Cooperation and Development (OECD) recently said the state pension should not be available to the rich, and instead be used to boost payments for the...
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Baillie Gifford and Montanaro are the first asset managers to sign up to a new transparency code to help the Local Government Pension Scheme (LGPS) get a better handle on investment costs.
Lloyds Bank has launched a joint legal bid with its pension trustees and unions to equalise guaranteed minimum pensions (GMPs) in a move which could cost the industry £20bn.
A quarter of retirees do not believe they have a large enough nest egg to fund their retirement, research has revealed.