Sixty-four is the average age at which people purchase lifetime annuities, while it’s 63 for fixed-term annuities, according to sales data from Standard Life.

Defined benefit (DB) superfunds will play a growing role in the endgames of DB pension schemes, according to analysis from LCP ...

Across 2024, £10.9bn has been invested from annuity business directly into UK-focused productive assets, the Association of British Insurers (ABI) has reported ...

The Department for Work and Pensions (DWP) will publish three pensions-related reports on Monday (21 July), prompting experts ...

Forty-two per cent of professional trustee appointments to defined benefit (DB) pension schemes were sole trustees by March 2025, an increase from 37 per cent in 2024, according to the latest annual r ...

The government has published the first-ever Financial Services Growth and Competitiveness Strategy, outlining a 10-year plan to make the UK the “global location of choice” for financial services firms ...

More than three quarters (77 per cent) of people who receive financial advice believe their adviser has made them financially better off, Standard Life has revealed, showing the “significant” impact f ...

The government has confirmed its intention to take forward a proposal for targeted support as part of its joint review with the Financial Conduct Authority (FCA) on the regulatory boundary between fin ...

The pensions industry has broadly welcomed the financial services sector reforms made in the Chancellor’s Mansion House speech yesterday, 16 July; however, concerns remain around implementation and tr ...

The government and regulators are facing renewed pressure to introduce a 10-day pension switch guarantee, including the launch of a public petition, after research from PensionBee revealed the extent ...

The deadline to enter the Irish Pensions Awards has been extended to 25 July 2025, so now is the time to showcase your ...

Smart Pension Master Trust has said that it expects to hit £10bn in assets under management by the end of next year, thanks to ongoing acquisitions and growth in new business ...