Few people are prepared to save enough of their salary in a pension to achieve a comfortable retirement despite knowing the 8% auto-enrolment minimum is not enough, a Friends Life survey has found.
Friends Life has appointed David Hynam as chief executive of the life company's UK operations.
Resolution has confirmed its chairman Mike Biggs will leave the company after its governance overhaul.
People are significantly limiting their retirement income by putting off pension planning until their early 30s, according to Friends Life.
Chris Read looks at the rapidly expanding platform market and asks how it need to evolve to more fully service the retirement market.
Friends Life has appointed former Phoenix Group boss Jonathan Moss as CEO of its heritage division.
Resolution has confirmed it will make no more acquisitions and abandoned plans to split the Friends Life business after revealing a 58% fall in profits.
Employers must undertake financial education for their workforces before auto-enrolment starts later this year, a behavioural finance expert argues.
Retirement Planner's round-up of the top pension stories this week.
Friends Life has introduced fee facilitation options across a number of product ranges ahead of the implementation of new remuneration rules brought about by the Retail Distribution Review (RDR).