All articles by Samantha Downes – Page 8
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NewsSavings shock: Over £4.5bn more withdrawn from UK accounts than deposited in May
The Bank of England said withdrawals from UK savings accounts hit their highest level in 26 years.
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NewsLifetime allowance changes: Employers urged to offer DC scheme members more support
Employers are being urged to give better support to defined contribution (DC) pensions scheme members who may be affected by the changes to the Lifetime Allowance (LTA) and Money Purchase Annual Allowance (MPAA) announced back in the Spring Budget.
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NewsFCA to allow retail investors and DC self-select funds access to 'higher-risk' LTAFs
The city watchdog is allowing mass market retail investors, self select DC pension schemes and self-invested personal pensions (SIPPs) to access long term asset funds (LTAFs) but the move has already been questioned by the investment industry.
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NewsDefined contribution pension schemes: half of savers have no idea how to access their pot
The Institute for Fiscal Studies' (IFS) report revealed more than four in ten of those in their 50s and early 60s with defined contribution pension pots had "no idea how to access their savings".
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NewsRetirement and poverty, Scottish Widows warns of growing generation gap
The life office and pensions provider has launched the National Retirement Forecast (NRF) which aims to provide "forensic analysis of the challenges faced by different demographics".
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NewsWales Pension Partnership launches a global ESG sub fund
WPP, the pooling entity for the eight Welsh LGPS Funds, said the fund enhances the choice available to authorities and helps fulfil their sustainable investment objectives.
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NewsFCA's proposed London listing shake up might cause more market woes, PLSA
The Financial Conduct Authority (FCA) launched a consultation last month over concerns the UK’s regime was too complicated and the capital was losing out to New York when it came to international companies wanting to list their shares.
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NewsCould pensions be the best recruitment tool?
The amount a company pays into their employees' pensions should not be seen 'as an afterthought', and could be a key selling point when it comes to recruiting staff, claimed Standard Life.
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NewsAnnuities are back in fashion, but take up needs to be a long-term trend
Annuity sales surged 22 per cent during the first three months of 2023, according to the ABI, but - despite decades of campaigning - more still needs to be done to educate consumers about them.
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NewsLocal Government Pension Scheme: PLSA launches resources to help employers
TheBest Practice: A Guide for Employers Participating in the LGPS, has been launched to coincide with the PLSA’s annual Local Authority Conference, which is being held in Gloucestershire.
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NewsMabey Pension Scheme completes £94m buy-in with Just Group
Mabey Holdings' scheme, advised by Isio, has completed a buy-in with Just Group.
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NewsWhat does a rise in the mortality rate mean for pension funds?
The Continuous Mortality Investigation (CMI) showed a rise in the UK’s average mortality rate, but the Institute and Faculty of Actuaries (IFoA) said it was likely to be a pandemic-related rise.
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NewsCushon opts for Ninety One's Global Total Return Credit strategy
Master trust Cushon has chosen the Ninety One Global Total Return Credit (GTRC) strategy as its default fund option.
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NewsRate rises mean annuities break even sooner
An improvement in annuity rates experienced over the past 18-months has brought forward the break-even point at which pension savers get their original investment by five years, according to Canada Life.
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NewsPLSA launches cost-of-living support hub for pension schemes
The Pensions and Lifetime Savings Association (PLSA) has published resources for pension schemes to help members struggling with their finances.
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NewsRising inflation and triple lock pledge will boost pensions payments
Pensioners could see their income boosted next year as 'sticky inflation' drives another expected significant rise in the state pension, consultancy Broadstone has claimed.
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News'More work needed' to speed up pension transfer scam protection measures
Over 20 pension schemes, administrators and industry bodies took part in the DWP's 18-month review, which found that only four per cent of transfers were given a red or amber flag.
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NewsOne in six savers don't know where to access pensions advice
The workplace can play a part in helping plug the pensions advice gap, as over a quarter of over 55s admit eschewing any type of support.