Move by Lloyds Banking Group-owned pension provider comes as government pushes for more investment in British companies
Government reforms fail to address long-standing incentives that encourage shorter working lives, says central bank
One of country’s largest funds is ahead of schedule with plans to invest billions in UK and rest of continent
Generative AI is giving financial advisers a run for their money
Advisers recommend a mixture of guaranteed income alongside a flexible portfolio of drawdown assets
Many people fail to save enough to fund retirement, warn industry figures
Chancellor’s U-turn means about 2mn pensioners will lose annual subsidy of up to £300
Politicians are steering Main Street money into private assets but they may be better off fostering enterprise
Consolidation of funds makes evident sense, bringing economies of scale and scope
Rules to release surpluses will only extract 5% of £160bn in excess assets, according to departmental assessment
‘Wake-up call’ from survey shows retirees misunderstand their likely lifespan
And against alternative investments
Proposed law would give regulators option to force some defined contribution workplace schemes to back more British assets
More than 80% unaware of pension fees while across all forms of investment only 7% check costs before opening an account
Parliamentary bill presented on Thursday set to include a ‘reserve’ power that could force schemes to invest more in Britain
Donald Trump’s erratic policies have prompted ‘gut check’ review of asset allocation, says investment chief
A surge in claims for pension credit could exceed the reduced welfare savings
Ministers want to release billions of pounds for investment
Chancellor hopes plan to establish ‘megafunds’, circumscribed by binding allocation targets, will drive returns for savers
Three large pension plans lagged their benchmarks over the past year
Government plans for infrastructure are ‘huge opportunity’, says CDPQ chief
Plans are being looked at following Starmer’s policy U-turn this week, say officials
With inheritance rules changing, people need to stagger drawdowns to minimise tax hit
Taking a work hiatus is growing in popularity but the price of getting back to work can be steep — despite the promise of ‘returnships’
Only 28% of forgotten generation on track to meet pension goals
