Retirement
Retirement | 27 Sep 16
L&G reports record growth in UK and US pensions business
UK insurer Legal & General (L&G) said its retirement unit is on track to double its new business sales in 2016, reporting sales of £5.4bn (€6.2bn, $6.9bn) on Tuesday.
Best Practice | 23 Sep 16
Two-thirds taking cash from pensions did not seek advice
Two-thirds of recent UK retirees who took cash from their pension pots during their first year of retirement did so without seeking any professional advice.
Retirement | 20 Sep 16
Limited guaranteed income options a blow to pension freedoms
Annuity rate cuts and all-time low interest rates are risking the success of pension freedoms by limiting the choice of guaranteed retirement income solutions and pushing savers into unprotected drawdown, according to MetLife.
Retirement | 16 Sep 16
Macro must play greater role in pensions debate – Bailey
The macroeconomic aspect of the pensions debate requires more attention said Andrew Bailey, chief executive of the Financial Conduct Authority.
Best Practice | 13 Sep 16
UK may force insurers to pay for pensions dashboard
A UK Treasury official has said the government is looking at introducing a law that would force pension providers to pay towards creating the pensions dashboard.