News

Pension savers in their final years of work are concerned they will not be able to match the living standards of those who have already retired, according to research by Prudential.

Steve Charlton has been appointed to a newly-created role in SEI's institutional business as part of plans to grow its defined contribution (DC) proposition across Europe, Middle East, Africa (EMEA) and Asia.

This week's top stories were Broadstone Group's acquisition of Mitchell Consulting and 2020 Trustees, and TPR launching a probe into trustees' assessments of DC costs.

The majority of respondents believe low-paid earners would benefit from a salary exchange arrangement.

The average workplace pension pot for women is just £53,000, far below the £120,000 average for men, according to a study which highlights the clear gender gap in pensions.

Prudential Insurance Company of America has agreed to reinsure around $1.2bn (£920m) of Pension Insurance Corporation's (PIC) longevity risk.

The much-anticipated ban on pensions cold-calling will be presented to parliament in "early 2018", the government has confirmed.

The industry can expect The Pensions Regulator (TPR) to become "increasingly clear" as to which methods are "good" to use for valuations, according to Andrew Young.

Half of firms are worried staff will not use their company pension scheme to support themselves into retirement because of freedom and choice, according to a study.

Extending auto-enrolment (AE) to workers in the gig economy could grant them a lump sum of £75,600 at retirement, Zurich and Pensions Policy Institute (PPI) research suggests.