The value of pension transfers hit £10.6bn in the first quarter of 2018, setting a new record, the latest data from the Office for National Statistics has found.
Publishing data on investment by insurance companies, pension funds and trusts, the ONS also revealed the total value of pension transfers for 2017 has been revised up by £2.5bn, to £36.8bn
In an attempt to simplify the UK savings landscape, the government is being called on to exempt pensions and ISAs from inheritance tax (IHT)
Bulk annuity transactions are the “undisputed gold standard” to guarantee defined benefit scheme members’ pensions, ABI director of policy, long-term savings and protection Yvonne Braun has said
The Pensions Regulator has defended its key performance indicator (KPI) targets laid out in its corporate plan, after the Work and Pensions Committee said they were disappointed in their “modest scope”
Aliaxis UK Defined Benefit Pension Scheme has agreed an £85m buy-in transaction with Just Group, it has been revealed