News

A total of over £1.6bn was paid out by the group risk industry during 2017, a £120.5m increase on 2016, latest data from Group Risk Development (GRiD) shows.

Master trust consolidation may not happen quickly, and trustee standard compliance is crucial to protect member benefits. Kim Kaveh reports from PP's DC Conference.

HMRC figures published on Friday suggest almost £17.5bn has been flexibly withdrawn since the inception of pension freedoms, but that figure is not reflective of 'the bigger picture', according to one industry expert.

Those retiring early are worse off each year compared to those retiring at the state pension age, but are the most comfortable when it comes to their financial situation, according to Prudential.

This week's top stories include two men being sentenced to jail after coaxing savers to transfer £1m to a fake scheme.

Diversity on trustee boards may be an area that The Pensions Regulator (TPR) will increasingly "dig into" in the future, it has said.

Investment consultant and fiduciary manager P-Solve will rebrand as River and Mercantile Solutions from 1 July to align its brand with the wider River and Mercantile Group.

It is unlawful for the Pension Protection Fund (PPF) to provide compensation equivalent to less than half a member's accrued benefits, an advocate general of the European Court of Justice (ECJ) says.

Pension Insurance Corporation (PIC) has agreed to a 30 year debt investment in Phoenix Community Housing, a not-for-profit, resident-led housing association in London.

Royal London has announced plans to allow customers with guaranteed annuity rates (GARs) to convert their guarantees into a top-up for their pension pot, subject to High Court approval.