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20% of small DC schemes close after new TPR rules
Almost one in five (16%) of schemes with under £100m in assets scrutinised by The Pensions Regulator (TPR) as part of a pilot into the effectiveness of its new rules over value for member assessments has opted to wind down.
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SIPP gender gap a 'yawning chasm' says HL
A report this morning from Hargreaves Lansdown found that the pension gender gap continues to grow.
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Schroders and PMI launch Lifetime Savings Initiative
Schroders and the Pensions Management Institute (PMI) have today launched what they've called a Lifetime Savings Initiative, a project to shine a light on the challenges facing UK savers.
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Struggling retirees forced to return to work
Almost a fifth of retirees are being forced to return to work or to consider doing so because of struggling finances, research from Standard Life has revealed.
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Annuity rates look set to remain at historical highs
A 65-year-old with a £100,000 pension could get themselves up to £7,430 per year from an annuity, the highest since last October, according to data from Hargreaves Lansdown.
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