News

The secondary annuity market may fail to emerge and even if it does many people will struggle to make well-informed decisions, according to the Institute for Fiscal Studies (IFS).

Pension deficits of UK companies have risen by £107bn since March 2014, according to research.

The majority of people accessing their pensions for the first time will be overpaying tax, Prudential head of business development Vince Smith-Hughes has warned.

More than half (56%) of small and medium-sized employers (SME) have never heard about the retirement flexibilities set to come in from April 6, according to research.

More than a fifth of schemes are worried an updated statement of recommended practice (SORP) for pension scheme accounting will result in a cost surge of more than 25%, research shows.

More than two thirds of industry insiders think Pension wise will suffer "major problems" in its first few weeks, according to Professional Pensions research.

Standard Life has revealed who will serve on its Independent Governance Committee (IGC).

The Financial Reporting Council (FRC) has hired Jennifer Walmsley as director of investor engagement.

The Canadian Pension Plan Investment Board (CPPIB) and Hermes Infrastructure have agreed to acquire a stake in Associated British Ports (ABP) for around £1.6bn.

Vanguard Asset Management is to expand its range of passive products for the retirement market after the introduction of pension freedoms detailed in this year's Budget.