Some 96% of retired households had disposable incomes of over £10,000 by the end of the 2016 financial year (FYE), a significant rise from just 21% in 1977, according to the Office for National Statistics (ONS).
Retirees have seen their disposable income grow by around £3,000 since the end of the 2008 financial year, latest data reveals.
Two in five defined benefit (DB) schemes with over £1bn of assets have an accounting surplus or zero balance, according to research by Barnett Waddingham.
Kim Kaveh asks if the benefits of matching contributions are being communicated sufficiently.
The industry has broadly welcomed the Financial Conduct Authority's (FCA) plans to modernise processes around pension transfers in response to concerns over surging demand.
The T-Mobile International UK Pension Scheme has appointed BlackRock as its first fiduciary manager after an open tender.
The combined deficit of FTSE 100 defined benefit (DB) schemes grew by more than £10bn over 2016, Barnett Waddingham research has estimated.
The combined force of a more heavy-handed regulator and market conditions in a post-Brexit world will cause some defined benefit (DB) trustees to put greater demands on their scheme sponsor, Barnett Waddingham predicts.
This week's top stories included coverage of a regulated apportionment arrangement agreed for Hoover's pension scheme.
Barnett Waddingham has promoted six of its staff to partners, and another 12 to associates.