The baby boomer generation must take more investment risk if it is to generate enough income in retirement, according to one investment management chief.
Baby boomers, who will own almost 75% of retail assets in five years, are looking for safe retirement solutions rather than ‘market leading' products, according to a report released today.
Aviva has introduced the option to add an on-going adviser charge to its new and existing investment bond contracts.
Friends Life is calling on the pensions industry to take action against scheme 'liberation' companies after reporting a marked increase in the activity.
Pensioners' incomes have grown quicker than all other age groups over the last three decades, research has found.
Bosses have an "almost sacred duty" to provide workers with the best possible pension scheme, pensions minister Steve Webb has said.
The shift towards fees brought about by the Retail Distribution Review (RDR) could lead to a reduction in pension scheme member engagement, according to Capita's head of DC Paul Sturgess.