Over 80% of advisers expect an increasing number of transfer requests from defined benefit (DB) scheme members over the next year, according to a survey.
The poll of 38 UK advisers by Old Mutual International revealed high levels of scheme deficits and record low gilt yields, in addition to greater transfer values, have been fuelling concerns among members...
Last week, both the PLSA's new chairman Richard Butcher and the pensions minister Guy Opperman told the industry exactly what they wanted to hear. The hard part, as Jonathan Stapleton writes, is turning these fine words into action.
The UK's ranking has dropped to 15 in the Melbourne Mercer Global Pension Index (MMGPI) despite the country attaining a better score than last year.
Origo has appointed Aviva head of proposition Anthony Rafferty to succeed Paul Pettitt as managing director from 1 March 2018.
Baroness Ros Altmann has attacked the annuity market for failing to inform savers that better annuity rates may be available to them, calling for an investigation.