All articles by Aamina Zafar – Page 6
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Over five million midlifers are taking action now to save more for retirement
The average 45 to 54-year-old needs £160,000 more for a moderate standard of living in retirement.
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Pensions admin under the regulatory spotlight
The Pensions Regulator may soon turn its focus to administrators
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The rise of Generation DC
What could be done to improve Generation DC's chances of a comfortable retirement?
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More thought needed on CDC design
Low earners in CDC pension schemes could subsidise the retirement incomes of wealthier members by up to 30%, consultancy argues
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People prioritise haircuts over pensions admin
Pensions are the lowest life admin priority for many Brits
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Engagement is not a panacea, warns PPI
Savers are required to make complex decisions at and during retirement and some will struggle, whether we engage with them or not
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Government should intervene to help self-employed save
Scottish Widows calls for the government to provide auto-enrolment alternative for the self-employment
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KPMG faces record fine over Carillion
The FRC originally imposed a £30m penalty but this was reduced by 30% following KPMG’s co-operation.
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Savers seek cash in cost of living crisis
Research from Aon also found that 15% of savers now access their retirement savings early.
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Retirees are struggling to live on their savings
The average pension pot at retirement is just over £185,000, but 16% of retirees stop working without pension savings
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Learning lessons from the gilts crisis
A year on after the historic collapse and bailout of the gilt market, has the pensions industry learnt lessons?
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Pension trustees must now state their policy on investing in illiquid assets
Changes come into force on Sunday and are a part of the ‘Focus on Value’ guidance for defined contribution pension investments.
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A radical rethink is needed for ‘uncharted territory’ of life after 50: Aegon
Past trends in retirement are no longer a reliable guide to the future, and innovative ways of navigating later life and retirement are needed.
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Young Brits believe their retirement will be better than their parents
Research by the FSCS found rising costs of living is creating concerns that money will not go far enough in retirement.
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Could Standard Life launch be welcome shot in the arm for delayed pensions dashboard?
As Standard Life rolls out plans for the UK’s first commercial dashboard, could other pension providers soon follow suit?
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Standard Life gearing up to launch UK’s first commercial pensions dashboard
Dashboard will help four million customers find their known and forgotten pension pots.
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New online pensions toolkit has been launched to explain GMP equalisation
The free toolkit was developed by Quietroom and a consortium of UK’s largest defined benefit schemes.
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People News
Hymans Robertson announces death of ‘beloved colleague’ Patrick Bloomfield
Bloomfield was the firm’s equity member and senior actuary and a leading figure in the pensions industry for over 25 years.
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Every pension scheme should have at least one accredited trustee on its board
The Association of Member Nominated Trustees (AMNT) said the accredited trustee on the board can either be lay or professional, and that pension schemes and scheme sponsors should encourage and pay for all trustees' training and accreditation.