Managers of Wealth Pensions

Despite global pandemic, corporate pension performance for FY 2020 improves slightly over FY 2019

PFS pensions end 2020 at 88.4% funded, experience nearly matching growth in both assets and liabilities in 2020

The missing link in getting retirement message to the masses

This all serves as a good reminder of the need to advocate flexibility in retirement planning — for contingency plans, as well as earlier and better financial planning.

Research finds most Brits do not trust financial advisers

Three quarters of Britons also said independent financial advice was too expensive.

Report highlights huge gender pension gap

The OECD wants governmental action too, by demanding there are increases in the levels of retirement incomes for women.

Banks, pensions, and sovereign funds fail to achieve gender balance, finds OMFIF

More financial institutions are recognising gender equality as an opportunity, with McKinsey predicting that promoting parity between genders could unlock as much as USD13 trillion in global output by 2030.

How much do you need in retirement?

The increased retirement budgets were also due to more retirees choosing to spend money to alleviate the lockdown boredom.

‘Inadequate preparation’ for IORP II at many Irish schemes – survey

But 73% of DB and 57% of DC schemes had discussed the potential effects of the directive on the scheme with their sponsoring employer.

Would you take less pay, smaller pension for better lifestyle?

Maybe do your job from a place of your choosing for your family in a nicer, laid back community?

Irish Examiner view: Time we had fair pension for all

It is only a matter of time before the qualifying age for State pensions is increased, a measure that will have no impact on public sector workers but one with profound implications for many private-sector workers.

Survey Shows Acceleration of Sustainable Investing

The survey gathered insights from 425 investors in 27 countries

Clearing up pension contribution confusion

Policy makers and pension professionals are looking for new ways to engage pension scheme members with their savings, including pensions dashboards.

One in 10 over-55s in the UK have no pension

Data from MoneySuperMarket’s Prepared for Life tool shows three in five of those aged 55 and over do not have life insurance.

Pennon DB schemes swing to £51.8m deficit

Pennon used some of the proceeds from the £4.3bn sale of its Viridor business to pay a £36m contribution to its principal scheme.

Schroders Global Investor Study 2020: Retirees no longer prioritising luxury items amid concerns retirement income will not be enough

This new focus on bolstering existing pension pots is perhaps reflected by 41% of investors expressing concerns that their retirement income will not be sufficient.

Research