The proposed pension dashboards framework announced by Pensions Minister Guy Opperman, provides a major opportunity to enhance consumer understanding of their savings, reduce financial exclusion and significantly improve the UK’s savings ratio....
The Government has confirmed it is freezing the auto-enrolment trigger at £10,000 for the next year, potentially increasing the number of people who fall into the ‘net pay trap’. Pensions minister Guy...
Four major digital trends are driving the employee benefits marketplace, leading to cost savings for employers and better employee engagement. A report by Maxis GBN - a joint venture between MetLife and...
Dutch and Swedish DC charges to scheme members look competitive, but overall they are typically more complex with additional administration fees, in the case of the Netherlands, paid for by the employer....
Quoted in the Daily Mail this Saturday, the prime minister said: “This Government is committed to helping people plan for their future and making sure they can look forward to a more...
Clearly many elements of auto enrolment have been a great success. Over 10 million people saving for their retirement for the first time and so far, opt out levels continue to be...
Most auto-enrolment schemes have trustees responsible for looking after member interests, ensuring schemes are well-run, communicating clearly with members and offering suitable investment options. But many pension trustees are overlooking the interests...
Nest Insight has launched its new ‘sidecar savings’ trial in a bid to boost employees’ financial resilience. The first employer in this trial will be Timpson, who will use the scheme with its...
The newly launched Cost Transparency Initiative will work on implementing, promoting and encouraging the use of new cost transparency templates across the pensions and investment industries. The templates are designed to allow...
BlackRock has expanded its multi-asset product range with the launch of a new ESG-focused strategic growth fund. BlackRock says this launch is in response to “growing appetite” among UK pension schemes for...
