News

The Financial Conduct Authority (FCA) has launched a discussion paper to learn how financial services firm can better engage with an increasingly ageing population.

This week we want to know if people are doomed to work until they are 85 to secure a decent retirement income, and if the financial well-being of the young is being sacrificed for the old.

Michael Walker has been appointed principal consultant in Aon Hewitt's risk settlement group.

Rachel Holmes has been hired as a senior scheme manager by The Pensions Trust.

Royal London has lost the right to block a suspected pension liberations transfer in a landmark ruling at the High Court, which could have far-reaching consequences across the industry.

Almost a fifth of schemes have not reviewed their default investment strategy in light of freedom and choice according to Lifesight, the master trust owned by Willis Towers Watson.

The biggest stories on PP this week were warnings that decent retirement could mean working until age 85, and the risks to members from pooling the Local Government Pension Scheme (LGPS).

The state pension triple lock is unnecessary and could place an unfair burden on future working generations, the Institute and Faculty of Actuaries (IFoA) has argued.

Tim Banks has left AB to look for other career opportunities after working at the asset management firm for five years.

The Pensions Management Institute (PMI) has appointed Gareth Tancred as chief executive officer (CEO) to replace Vince Linnane who is stepping down.