News

Annuities are beginning to see a revival, as retirees shun drawdown and cash withdrawals for a guaranteed income, latest figures from the Association of British Insurers (ABI) have shown.

This week we want to know if the pensions minister was justified in condemning Iain Duncan Smith's resignation and how the regulator's trustee toolkit can be made more effective.

Schemes have just one more week to join HM Revenue and Customs' (HMRC) Scheme Reconciliation Service (SRS) for guaranteed minimum pension (GMP) reconciliation.

Chris Inman has been appointed to lead Aon's defined contribution (DC) investment advisory service as the consultancy expands its DC services.

The shortfall of defined benefit (DB) schemes has risen from £425bn to £800bn in nine years despite employers trying to plug the gap.

Hertfordshire has joined ten local administering authorities to pool their pension assets through A Collaboration of Central, Eastern and Southern Shires (ACCESS).

The Pension Protection Fund (PPF) has completed the largest transfer since it brought member services in-house by absorbing five sections of the industry-wide Coal schemes.

The Kingfisher Pension Scheme has undergone a £230m medically underwritten buy-in with Legal & General (L&G) in a landmark deal for the bulk annuity market.

Pension Insurance Corporation (PIC) has written £900m of bulk annuity premiums in the first quarter of 2016 according to its end of year results.

Employees of all ages are suffering from major gaps in financial knowledge according to research by Barnett Waddingham.