Deal is first superfund transaction to be conducted with an active sponsor
US subsidiary PensionBee Inc to offer IRA consolidation and investment portfolios
Study finds retirees would only rejoin workforce in roles ‘on their terms’
Collaboration will support 13 funds managed by LGPS Central and its third-party managers
Deal will make State Street the largest global provide of asset servicing
Three-quarters of pension scheme members want guidance before drawing down on their pension pot, according to a survey from The People’s Pension.
After a year that took everyone by surprise, experts tell Professional Pensions what could be on the horizon for schemes in 2021.
PensionBee has launched four ready-made investment pathway solutions with State Street Global Advisors (SSGA) ahead of the February implementation deadline.
Levels of confidence in retirement saving remain persistently low, with feelings dampened further by Covid-19, but savers recognise the current opportunities in equities, a State Street Global Advisors (SSGA) survey finds.
Pension fund savers switching out of their default funds and making their own investment decisions could face a cut in their final pot value of up to £247,000, research has found.