News

The number of people retiring before age 65 has increased by more than 55,000 in the last four months, suggesting Covid-19 may be driving a rise in early retirement. Figures from the...

Howden Broking Group has bought a 60 per cent stake in Spanish flex provider Compensa, expanding its footprint in both Spain and Mexico. The business is also known as a specialist in...

The time taken to transfer pensions during the coronavirus lockdow only increased marginally, despite the significant disruption to usual business operations.  Data collated by Origo show that during the second quarter of...

More than a third of FTSE250 companies will offer master trusts as their main pension vehicle within the next two years, according to a new report. Willis Towers Watson’s annual DC pension...

Australian asset manager, Macquarie Investment Management, is launching into the UK workplace pensions market with its fee-free True Index strategy.  This strategy has been available to Australian DC schemes for 20 years....

Fraudsters have raked in around £4m in by ‘cloning’ existing investment products, and persuading investors to buy them. The Investment Association has seen 300 incidences of this fraud to date. It warned...

Phoenix Group has launched a range of in-scheme drawdown options on its DC master trust, which follow the Government’s proposed investment pathways. These options — which will be available for clients of...

Older homeowners released £1.42bn of property wealth in the first half of 2020, despite the coronavirus pandemic hitting sales of equity release schemes. The latest figures from Key’s Equity Release Market Monitor...

Retirement incomes will be slashed if the Government follows Australia’s lead in allowing pension withdrawals for those left without income as a result of the financial crisis caused by Covid-19, the Organisation...

Benchmark the destination for DB transfers with low-cost auto-enrolment workplace pensions will not give the consumer protections the FCA hopes says LCP. The consultancy has questioned the logic of FCA rules requiring...