Firm says trend for bulk annuity insurers to offer improved comms will continue into 2025
Aon survey finds more schemes are continuing to provide advice and support to members
Research finds while most IFAs support measure, planning for it long term is risky
Trustees are increasingly concerned about the standard of advice given to members, according to research from Professional Pensions and Aon
2019 was a busy year on many fronts, and pensions was no exception. Paul Kitson gives his top ten predictions for the pensions industry in 2020.
Pension scheme trustees should actively engage financial advisers if members are looking to transfer out of their defined benefit arrangements and washing their hands of the process does not eliminate risk, a study has found.
Most of this week's 94 Pensions Buzz respondents agreed the bill is good for pensions if it gets through parliament.
More than a third of pension schemes have appointed or are considering appointing an IFA to support their members, XPS Pensions Group research has found.
Aon has revealed defined benefit (DB) schemes are offering more support to members in their decision making at retirement, with one in five schemes now including personalised transfer value figures in retirement packs and making online tools available....
A study has found 55% of defined benefit (DB) members who spoke to a financial adviser chose to transfer out to access the pension flexibilities in 2016-17, compared to just 36% the previous year.