Pot luck on investment returns leaves savers playing "pensions roulette" in the years just before retirement, the Trades Union Congress (TUC) has said.
Market volatility means defined contribution (DC) scheme members could lose up to £5,000 a year in later life if they happen to retire after a bad year of investment returns and annuity rates. The TUC...
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).