Retirement
Best Practice | 2 Jun 17
IMF urges millennials to prepare for ‘pension shock’
For millennials entering the workforce, the public pension system in advanced economies is simply not going to provide the safety net in retirement that it did for previous generations, according to a new report by the International Monetary Fund (IMF) entitled ‘Pension Shock’.
Best Practice | 31 May 17
How the UK election could impact pensions
What looked like a sure thing when UK prime minister Theresa May called the snap election back in mid-April has turned somewhat muddy. Aegon pensions director Steven Cameron has taken a look at what the parties’ manifestos mean for pensions.
Retirement | 30 May 17
Aviva considers expanding UK pension transfer advice unit
Aviva is looking at offering advice to UK customers looking to transfer out of their final salary pensions in response to rising consumer demand.
STM considers Qrops ‘buying spree’ as European units downsized
STM chief executive Alan Kentish has said the cross border financial services provider is well placed to go on a “buy and build acquisition spree” of Qrops businesses, following the UK’s shock decision to impose a 25% transfer charge earlier this year.
Retirement | 25 May 17
Sipp provider Momentum clarifies asset rules amid ‘scrutiny’
Malta-headquartered Momentum Pensions has clarified rules around which assets it will accept into its International Sipp as chief executive Stewart Davies confirms the sector is under a “heightened level of scrutiny”.