The youngest pension savers desire online tools to help them see the value of their pots but a third of employers offer no web-based services, according to analysis by PwC.
Three in five savers born since 1994 - known as ‘Generation Z' - say they would use automated pensions advice apps, while 62% said they wanted pensions portals that link to their bank accounts online....
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.