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Some employers feel under pressure to meet their defined benefit (DB) pension obligations, research from the Pensions and Lifetime Savings Association (PLSA) has found. Around 11 million people rely on DB pension schemes for retirement income, with most schemes able to reach a sustainable funding position. However, some employers are feeling the heat with up…
Women are missing out on more than £5 billion a year in pension payments after going through a divorce. Scottish Widows’ Women and Retirement report, which consulted 10,314 adults, found 48% of women have no clue what happens to their pension when a marriage ends in divorce. 40% of divorced women said their retirement prospects…