Royal London's new business pension sales fell by 4% over the course of a year primarily due to a slowdown in defined benefit (DB) transfers, the firm's half year results reveal.
Putting together a pension fund can be tricky to tackle, whether you have just set foot into the world of work, or have been working for years and are approaching retirement. Emily McKinnon looks at effective ways of saving for retirement.
Pension transfers have passed the £60bn mark as more than a third of a million people access their defined benefit (DB) pots, a Freedom of Information (FOI) request has revealed.
HM Revenue and Customs (HMRC) does not know how many people it has fined for breaching pension tax allowance rules, a Freedom of Information request has revealed.
The next chancellor should urgently address "absurdly complex" tax relief rules as data reveals NHS waiting lists have lengthened due to senior doctors working fewer hours to avoid the charges.
The government has been accused of "dragging its heels" on pensions equality after ruling out amending the law to provide for higher survivor benefits for widowers.
Membership of occupational pension scheme membership has risen to a record high of 45.6 million people as of the end of last year, according to the Office for National Statistics (ONS).
Royal London has announced the appointment of Barry O'Dwyer, previously head of UK for Standard Life Aberdeen, as its new group chief executive to replace outgoing Phil Loney.
AE has had 'truly staggering' impact
Guy Opperman has admitted incorrect state pension forecasts have been issued for a third of a million people since 2016 with defined benefit (DB) members with "complex" work histories facing a "significant problem".
The Association of Consulting Actuaries (ACA) has received support for its proposed 'model scheme' to simplify defined benefit (DB) benefits alongside the conversion of guaranteed minimum pensions (GMPs).
Guy Opperman is the second-longest serving dedicated junior pensions minister, overtaking Labour's Malcolm Wicks.
This week's top stories included XPS Pensions Group announcing plans to acquire Royal London's corporate pension services division.
As more employers go through the re-enrolment process, it may be time to balance the pros and cons of GPPs and master trusts. James Phillips looks at the arguments
XPS Pensions Group has announced plans to acquire Royal London's corporate pension services division for a cash consideration of £4.8m.
Regulations from the government set out plans to remove protections for UK DB schemes hit by an EU employer insolvency. James Phillips explores the details.
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 Department for Work and Pensions (DWP) spent nearly £800,000 on partnering with Gogglebox to produce a series of adverts to promote the benefits of saving for retirement.
This week's top stories included British Airways agreeing a settlement with the trustees of one of its schemes nearly six years after litigation was initiated.
An estimated 1.75 million people are missing out on £60m in tax relief on their pension contributions in 2019/20, as the net-pay anomaly continues, Royal London estimates.
Steve Webb says the sooner government as a whole, and HMRC in particular, has the bandwidth to return to the domestic agenda, the better it will be
This week's top stories included NEST applying to the regulator for authorisation, while Welplan announced plans to drop out of the master trust market.
Royal London's independent governance committee (IGC) has downgraded its rating for appropriate investment returns after all default funds caused a fall in pot values.
Collective defined contribution (CDC) provision will be introduced slowly, starting specifically with a Royal Mail scheme and then rolling it out more widely, the government has confirmed.