News

Collective defined contribution (CDC) schemes have taken another step towards reality as the government confirmed it will consult on the "interesting new possibilities" this autumn.

At least 24 master trusts will close shop as the authorisation regime comes into force, representing a quarter of the market, The Pensions Regulator (TPR) has confirmed.

Work and pensions secretary Esther McVey has backed the pensions industry to deliver the pensions dashboard after months of uncertainty surrounding the project.

PensionBee has joined forces with money app Yolt to enable its customers to access their live pension balance along with other personal finances for the first time.

The £30bn Brunel Pension Partnership has appointed Hermes Equity Ownership Services (EOS) to provide voting and engagement services.

Some 42% of defined contribution (DC) trustees believe that their investment strategies are 'less sophisticated' than those used by defined benefit (DB) schemes, according to a Hymans Robertson survey.

Lack of adequate income is increasingly to blame for why people do not choose to save towards retirement, according to research by Equiniti.

The Pensions Ombudsman (TPO) has determined against Royal London in a case where death benefits were paid out to a member's ex-girlfriend.

More than half of savers are worried about the government's delay to initiate a ban on cold calling, Aegon says as its research also reveals 91% have received them.

Prudential has agreed an annuity referral partnership with Hub Financial Solutions as part of the provider's plan to widen the range of products and services available to its customers.