News

Savers in defined contribution (DC) default funds are far more exposed to emerging markets than they realise, a research paper has warned.

UK consumer prices index (CPI) inflation has fallen to a 15-year low of just 0.5%, driven by plunging oil prices.

Retirees are at risk of cashing out their private pension savings under the misunderstanding they will receive the full flat rate state pension.

UK inflation is expected to fall below 1% for the first time in 12 years following a major oil slump.

The pensions industry could see up to £6bn withdrawn from funds during the first four months of retirement freedoms according to Hymans Robertson.

Pensioners could exhaust their retirement savings by age 75 if they withdraw an annual £3,000 from an above-average sized pot, according to research.

Industry figures were split on the proposal members should be informed of any change in the method used to calculate late retirement increases according to PP research.

A national framework to give local government pension scheme (LGPS) funds easier and cheaper access to legal services has been launched today.

The brand name for the guidance guarantee has been unveiled as ‘Pension wise - your money your choice'.

Employers should be aware that staff working remotely overseas can still bring tribunal claims in the UK.