Hargreaves Lansdown

Regulator says number of DC schemes fell to 920 in 2024 while memberships grew to over 30 million

More joint life and inflation-linked policies purchased

AJ Bell, Quilter, Hargreaves Lansdown and Interactive Investor CEOs send joint letter

Former pensions minister welcomes ‘victory’ ending system which overcharged pensioners by £1.3bn

Consultation looks at building scale, DC investment in the UK and innovation including the lifetime pot

Government tells PP it will set out more details on phase two ‘in due course’

Pensions industry says the costs are at risk of being passed on to pension savers

FCA data finds annuity sales up 38.7% to 80,061 in 2023/24

Analysis finds savers have reclaimed almost £1.3bn since introduction of pension freedoms

Sharp changes in Retirement Living Standards should prompt a pause and revaluation