More than 100,000 UK pensioners have collectively been underpaid over £1bn in state pensions due to “repeated human errors over many years”, the National Audit Office (NAO) has found.
Half of UK defined benefit (DB) pension trustees believe that COVID-19 has increased the need for schemes to invest in engagement strategies about member options and provide access to financial advice.
UK workers could lose track of more than £100bn in pension savings as huge numbers look to change jobs following the COVID-19 pandemic, new analysis suggests.
Large companies are preparing for an intense level of scrutiny over the next 12 months as the public and government show more interest in their business practices and behaviour following COVID-19.
A group of 12 investment consultancy firms, which advise organisations managing around $10trn (£7.3trn) in assets, have today launched a new initiative to help deliver global net-zero emissions by 2050.
The UK's over-50s could have a £5.3bn hole in their collective pension pot due to saving cutbacks during the COVID-19 pandemic, research by Legal & General Retail Retirement suggests.
The Financial Conduct Authority (FCA) has today published a new strategy to give consumers more confidence to invest and prevent them from being scammed or persuaded by investments too risky for their needs.
Demand for insurance is increasing in emerging markets amid growing health-related concerns and financial vulnerability following the outbreak of COVID-19, a global survey has uncovered.
UK institutional investors have more than £1trn exposed to climate risks, with around half facing serious threats to the valuations of their portfolios.
