Aegon UK has added three long-term asset funds to its largest workplace pension default fund, the Universal Balanced Collection.

From 6 April, the state pension will increase by 4.1%, as calculated by the triple lock, and so above the latest inflation figure of 2.8%.

There will be a 'Spring Statement silence' on pensions this week when the Chancellor provides her latest update on the UK’s finances on Wednesday (26 March), pension provider Aegon has predicted.

Retirement specialist Aegon has launched a new initiative for workplace pension members to allow them to give loved ones access to the scheme price benefits when they take out an ISA. 

Pension provider Aegon has partnered with offshore bond provider Utmost Wealth Solutions Ireland to enhance its Financial Planning solutions, it said.

Health and social care secretary Wes Streeting announced today an independent commission into social care costs and reforms, including more funding for elderly and disabled people to make home improvements.

Working women significantly underestimate their reliance on the state pension before retirement, according to a new study.

Clients are turning to multi-asset investment strategies to help them cope with their financial fears in retirement, according to a new provider survey of advisers.

New calculations from pension provider Aegon reveal that it would cost £250,000 to buy a lifetime guaranteed income to match the current state pension payout.

Nine out of 10 (90%) advisers use multi-asset strategies for accumulation and decumulation, according to new research by Aegon.