Pension schemes which allow members to designate defined contribution (DC) funds for drawdown may need to amend their scheme rules, following an update to HMRC’s Pensions Tax Manual. On 26 March 2025, ...

Talking Head: The PMI's Tim Middleton explains why, when push comes to shove, annuities are an inevitable part of retirement income provision for the majority of savers. The regime in place was ...

From the blog: The flexibilities did away with traditional thinking on what makes an appropriate default fund, and with it kick-started the debate on the best route for members to access and draw an ...

Paul Day sets out how chemical engineers can plan early, track their pension pots and make informed decisions for later life ...