Could annuities solve the pension challenge of funding a long retirement?
As Office for National Statistics (ONS)[i] data reveals the over-90’s population of England and Wales reached a record high in 2022, Steve Butler, CEO of retirement solutions at Punter Southall says this could bring major pension funding challenges as it…
What lies ahead for pensions? Vidett reveals predictions for 2024.
As change ripples through the pensions sector, Vidett, the UK’s leading professional trustee firm, outlines some key transformations that companies, pension schemes, and trustees could face in the coming year. The general code of practice: Pension schemes will need to…
Vidett grows team UK-wide with new senior appointments
Vidett, a leading professional trustee and pension governance firm in the UK, is growing its teams in London, Birmingham and Scotland appointing three senior pensions professionals. Shelly Moledina, a Chartered Financial Analyst (CFA), joins as Associate Director in London…
Pension expert reacts to UK’s Global Pension Index ranking
The UK has retained a top 10 spot in the Mercer CFA Institute’s Global Pension Index. The research includes 47 pension systems covering 64% of the world’s population and benchmarks each system using more than 50 indicators including sub-indices of…
Finding Britain’s forgotten pensions: a memory test we can’t afford to fail.
A pension is one of the biggest investments most people will ever make. However, a YouGov survey, commissioned by the National Pension Tracing Day campaign, reveals that while 95% of Britons who’ve owned a car can recall the model and…
‘Young savers lead the way in pension engagement, but more needs to be done’, says expert
Pensions experts are calling on people to check their workplace pensions regularly to ensure they are saving enough for their future. Recent research by Moneyhub has revealed that a quarter of savers never check the value of their workplace pension,…
Government ‘committed’ to state pension triple lock for 2024 despite criticism – but what happens next?
The prime minister has confirmed the Conservatives will remain loyal to the triple lock guarantee for at least 2024 despite calls for the ‘unfair’ policy to be scrapped. Although, the Conservatives, along with Labour, have not committed to keeping the…
Nearly £27 billion in lost pensions could alleviate cost-of-living strain hitting savers over 55
As the value of nearly three million pension pots lost or overlooked has risen to almost £27 billion, National Pension Tracing Day enters its third year as the UK’s cost-of-living crisis bites hard. An estimated one in 20 people are…
Unlocking untapped potential: New Study Reveals SMEs’ missed opportunities in employee workplace pensions.
To mark Pension Awareness Week (11th to 15th September), Howden Employee Benefits & Wellbeing has launched its latest research findings, ‘SME Workplace Pensions and Benefits Research Report.’ The report sheds light on a significant issue: a substantial number of small…
Firms focused on extending working life must also prepare staff for retirement, says Punter Southall Aspire
Steve Butler, CEO at Punter Southall Aspire, responds to research from Hays recruitment focusing on retirement planning Even as companies encourage 50-somethings to work for them, helping them to retire eventually should still remain a top priority, says Punter Southall…