Carolyn Jones
Maps tasked with addressing 'urgent' wellbeing implications of Covid-19
Thirteen recommendations for the Money and Pensions Service (Maps) have been laid out in an independent report to address the “urgent” financial wellbeing implications of the coronavirus pandemic on Britons.
IFoA launches investigation into DC
The Institute and Faculty of Actuaries (IFoA) has launched an investigation into the increasing transfer of risks to consumers, with a particular focus on defined contribution (DC) pensions.
Pension Wise sees more than twofold increase in service interactions
Pension Wise saw a 49% increase in customers arranging appointments with the service over the course of 2018/2019.
UK workers need to save less for retirement than other countries, finds research
Fidelity International has created global retirement savings guidelines to help employers and employees understand how much is needed to save for retirement, writes Kim Kaveh.
Finance Bill confirms retrospective MPAA reduction
The government has confirmed it will implement the reduction of the money purchase annual allowance (MPAA), originally due to take effect in April, retrospectively.