News

Legal & General (L&G) has reported record bulk annuity numbers which it said had "more than offset" a 61% drop in sales of traditional annuity policies since the Budget reforms were announced.

Trustees must ensure default investment strategies are flexible

There is "clear evidence" that job dissatisfaction within a workplace is linked to deteriorating workplace performance, a government report says.

The Department for Work and Pensions (DWP) is consulting on draft changes to disclosure of information in public sector schemes.

The Aon Minet Pension Scheme has secured a third pensioner buy-in in five years, entering into a £210m deal with Pension Insurance Corporation (PIC).

Staff at one of the largest employers in the North East, Thirteen Group, will be able to receive advice on protection insurance and private medical insurance under the company's benefits scheme.

The Financial Conduct Authority (FCA) is ready to relax regulation to encourage technological innovation in the pensions industry and other financial services.

The Pensions Ombudsman's workload could become "completely untenable" if it rules in favour of scheme members seeking to transfer into suspected liberation scams.

The Financial Conduct Authority (FCA) has raised serious concerns over a scheme to encourage people to cash in pensions which has already netted up to £4m.

Lord John Monks has branded the use of band earnings to calculate auto-enrolment contributions an "injustice" and said the government was "committed to excluding the low paid" from the initiative.