A bottleneck caused by unprecedented volumes of interest in defined benefit (DB) pension transfers could be eased by implementing industry standards, according to Origo.
The service provider said the transfer process was suffering from a disconnect between the information pension administrators consider is needed for a transfer value analysis (TVAS) report and the data...
Defined benefit (DB) schemes are not taking advantage of "exceptional" pricing for bulk annuities, with most schemes insured in H1 being repeat buyers, Aon Hewitt has said.
Hymans Robertson has appointed Tom Dunster to lead its equity research team in a newly-created position.
UK households have not stopped saving to go on a debt-fuelled consumer spending spree, according to research from Royal London, despite official figures revealing the savings ratio is at a record-low.
The government has announced it will press ahead with "tough" measures to protect pension savers as figures reveal almost £5m was lost to scammers between January and May this year.