Access Pool has appointed Adams Street and HarbourVest as private equity allocators.
Reforms are needed to make the pension system easier to navigate, the Institute for Fiscal Studies (IFS) has said, warning that the number of people making complex and consequential decisions about their pension wealth in retirement is rising "substantially".
The latest report from IFS, in partnership with the Abrdn Financial Fairness Trust, showed that the rise of defined contribution (DC) savings has left many savers facing complex decisions, which could leave them at risk of falling back purely on the state pension and benefits