News

The lifting of restrictions on how defined contribution (DC) savers take their pots will not necessarily mean the end of the annuity market, says the Pensions Policy Institute (PPI).

JP Morgan Asset Management has appointed Andy Seed to its defined contribution (DC) business.

More than a quarter of pension funds expect to reduce their exposure to domestic and global equities over the next 12 months, according to research.

The Fremantle Group Pension Plan has completed a buy-in with Pension Insurance Corporation (PIC) to cover approximately £47m of deferred and pensioner liabilities.

The second National Cycle to Work Day has been officially launched.

Respondents to PP research have dismissed suggestions that people should change the way they think about pensions, and called for scheme managers to have a role in guiding members.

Defined contribution (DC) default funds remain heavily dependent on the stock market, with the average fund investing 80% of its portfolio in developed market equities, says Schroders.

The Treasury Committee has welcomed "transformational" changes to defined contribution (DC) retirement income announced in this year's Budget.

HR vacancies grew by 15% in the first quarter of 2014 compared to the last three months of 2013.

Prudential has become the latest life company to report severely hit annuity sales in the wake of radical reforms to how people can access their pension.