Portfolio of equity release mortgages purchased from Just Retirement
Childcare safety product vendor insures 300 pensioner members in just 11 days
While the firm saw adjusted operating profit of £90m, this was offset by its £87m pre-tax loss
Small scheme deal is the first announced 2021 transaction for the insurer
Figures show over a third of retirees did not check their state pension forecast before retiring
Contract-based pension providers could be required to nudge savers to book Pension Wise appointments before accessing their savings.
Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.
This week’s top stories included more details of PensionBee’s initial public offering and Just Group’s criticism of the effects of freezing the money purchase annual allowance.
The freeze in the money purchase annual allowance (MPAA) is set to “squeeze many more basic rate taxpayers”, according to Just Group.
A high proportion of savers are not taking an interest in their pension, which could have a “disproportionate impact” on women whose lower value pensions make them “more vulnerable to poor choices”, according to the Financial Conduct Authority (FCA)....