Tag: UK

Lifeboat fund reduces levy estimate for 2018-19 to £550 million from £615 million.

Reports says 3 million Britons currently have only a 50% chance at receiving their full benefits.

Report finds that four in 10 Britons are not saving for retirement.

Twelve major advisory firms call for support of pension regulator’s sustainability guidance.

The UK’s Competition and Markets Authority is looking into whether market features are crimping competition.

Parliament seeks to ensure freedoms aren’t liberating Britons from their savings.

Union says changes could cost some workers 70% of their retirement funds.

New rules apply to managers of defined contribution plans.

Regulator says trustees showed “reckless disregard” and a “lack of integrity.”

Report says 53% of UK employers believe defined benefit plans negatively impact salary raises.

Manchester bus company and managing director could face unlimited fine.

Sharp decline continues two years after new rules allow withdrawals without annuities.

Growth of liabilities outpaced assets, however, deficits are down from a year ago. 

Report shows that pension closures continue at the UK’s largest companies.