Nearly nine million employees aged 45 and over are "sleep-walking" into retirement, unaware of how much they need to save, according to research from Aviva.
Around £17.5bn of buy-ins and buyouts were transacted in the first half of the year as market records continue to tumble.
Aviva has seen a 50% year-on-year increase in the number of enquiries from pension schemes that use investment and administration on separate platforms seeking to move to a bundled provider.
Aviva has launched a defined contribution (DC) default investment strategy for its workplace pension clients, incorporating ethical and ESG considerations.
Many master trust boards lack diversity, yet the ultimate goal should be to achieve cognitive inclusion to represent a large cohort of DC members, writes Kim Kaveh.
Aviva has split its life and general insurance business arms as part of a bid to make the company simpler and boost its competitiveness.
Here they are - the winners of the UK Pensions Awards 2019...
A fourth round of IGC reports has emerged and they are looking quite different to last year following regulatory change. Kim Kaveh looks at the key findings.
The Atlas Master Trust has applied for authorisation to The Pensions Regulator (TPR), taking the total number of applications to 24 as the end of March deadline looms.
The government-backed auto-enrolment (AE) provider NEST is the latest master trust to apply for authorisation to The Pensions Regulator (TPR), PP can exclusively reveal.