Pensions Age Magazine - DC and DB corporate pensions news …
WEB5 days ago — Pensions Age is a UK-wide pensions magazine and internet site, offering comprehensive coverage of the financial, regulatory, and management issues facing the UK pensions sector. It focuses on a wide range of professional areas including portfolio management, asset allocation, investment, governance, regulation, administration, legal issues, funding and accounting.
UK drawdown market expected to triple over the next decade to …
WEB5 hours ago — By Paige Perrin. 7/10/24. The UK drawdown market is expected to triple over the next decade from £200bn to £600bn, analysis from Guiide has found. The company said that defined contribution (DC) pension savers nearing retirement have been left with two options, either to pay for regulated financial advice or manage everything themselves.
The latest pension updates from the Spring Budget 2024
WEBMar 6, 2024 — Chancellor, Jeremy Hunt, has provided further updates on a number of pension reforms and initiatives as part of his 2024 Spring Budget, confirming that he will continue to explore the potential for a pot for life model and work to encourage greater investment in the UK. During his Budget, the Chancellor stressed the need to ensure that UK pension schemes are investing in the UK economy ...
Pension investment in infrastructure set to increase; barriers persist
WEB3 days ago — 4/10/24. Pension investment in infrastructure is set to increase as pension schemes mature and investment capabilities increase, although better processes and mechanisms to define and collect consistent data are needed, the Pensions Policy Institute (PPI) has found. The PPI’s report, A deep dive into infrastructure, found that there has been ...
DB pension funding levels remain stable - Pensions Age Magazine
WEB4 days ago — 3/10/24. UK defined benefit (DB) pension schemes' funding positions remained stable in September, with an "extremely positive" aggregate surplus of around £186bn, analysis from XPS Pensions Group has revealed. This marked a slight increase on the £176bn surplus seen in August, while the aggregate funding level on …
About Us - Pensions Age Magazine
WEBAbout Us. Pensions Age is the leading monthly magazine for Pension Funds, Consultants and Advisors to these funds. Pensions Age (paper version) looks to give in depth analysis and commentary on the major issues affecting the UK pensions sector. Launched in 1996 the title has built up to now boast the largest circulation in the UK pensions press ...
Investors call for wider pension reform to support economic growth
WEB3 days ago — Investors call for wider pension reform to support economic growth. A "broader approach" to pension reform is needed to make the UK more attractive for both domestic and international investors, the Investment Association (IA) has said. Ahead of the government's pension review, the IA outlined its recommendations designed …
Labour's plans for pensions - what we know so far
WEB5/7/24. Following the news that Labour has won the 2024 UK general election, Pensions Age takes a look at what we know so far about the party’s plans for pensions. The exact detail on much of Labour’s pension policy is yet to be shared, although the 2024 manifesto provided some insight into the party’s plans, including its pledge to ...
PTL acquired by ZEDRA - Pensions Age Magazine
WEB10/1/22. Independent pension trustee and governance services provider, PTL, has been acquired by active wealth, global expansion and fund services specialist, ZEDRA, for an undisclosed sum. The deal follows ZEDRA’s acquisition of Inside Pensions in February 2021. ZEDRA stated that the acquisition would bolster its pension services in the UK ...
Over 5 million 'midlifers' working to improve retirement outlook
WEBOct 31, 2023 — Over half (59 per cent) of 45-to 54-year-olds, around 5.2 million people, have taken action to save more for retirement, with 14 per cent of midlifers increasing contributions to a workplace pension, research from Phoenix Insights has revealed.