This week’s top stories included Isio’s first financial results, while the Association of British Insurers insured 191 members’ benefits in a £26m buy-in with Aviva.
The Association of British Insurers (ABI) Pension & Assurance Scheme has insured benefits for 191 members in a £26m buy-in with Aviva.
An industry co-ordination group has been established to take forward the recommendations of the Department for Work and Pensions’ (DWP’s) small pension pots working group.
Potential changes to the way the Retail Prices Index (RPI) is calculated and reported could cause assets to fall by between £60bn and £130bn, according to various estimates.
The number of savers opting to withdraw a tax-free lump sum from their pension has dropped more than 53% since the start of the coronavirus pandemic, according to the Association of British Insurers (ABI).
The UK’s system of pensions tax relief needs to be overhauled to make it fairer to the lower paid and younger savers, the Association of British Insurers (ABI) says.
Further reforms to pension freedoms are needed to ensure the long-term success and sustainability of pension freedoms, according to the Association of British Insurers (ABI).
The government and regulators should not wait for the industry to "fail to act voluntarily" to provide value for money in pensions, the Work and Pensions Committee (WPC) says.
Pensions have been seen as unfathomable for too long. George Currie says two initiatives currently underway may begin to change this perception.
Legal and General (L&G) has appointed Joanne Segars as a member of its independent governance committee (IGC).
A pensions bill expected next year must include law to require schemes to collect, publish and analyse cost transparency data from their asset managers, MPs have been told.
The Association of British Insurers (ABI) and the National Employment Savings Trust (NEST) have agreed a partnership deal in a bid to formalise their relationship.
The two-sided simplified annual pensions statement should be applauded, even if it missing information, says Jonathan Stapleton.
Esther McVey has reiterated the government's support for an industry-led pensions dashboard as she praised the success of auto-enrolment (AE).
The Association of British Insurers (ABI) has launched a campaign targeted at younger workers to "love your pension" and appreciate the value of auto-enrolment (AE).
Secretary of state for work and pensions Esther McVey may end the government's involvement in the pensions dashboard project, according to reports.
The government should allow the industry to develop multiple commercial pensions dashboards, according to the Association of British Insurers (ABI).
First woman in its 100-year history
The Pensions and Lifetime Savings Association (PLSA) is bolstering its policy and research teams with two new appointments.
Thousands of pensions documents have been adapted and simplified for consumers after a two-year industry initiative, according to the Association of British Insurers (ABI).
Phasing has arrived with auto-enrolment contributions rising from 2% to 5% for millions of pension savers. As we wait to see what happens as a result, James Phillips asks what's next.
Defined contribution (DC) savers face lower costs and charges after providers made a concerted effort to reduce these to less than 1% over the past two years.
Policy pushes and the public's desire to own a home is resulting in a 15% reduced private pension income at retirement, research has suggested.
PP research shows stark opposition to reduction of tax relief.