SPONSORED CONTENT Our four-step guide to new pension consolidation rules From 31 December 2021, new regulations come into force which require DC schemes to carry out extended value-for money assessments and report back on whether consolidation...
Poor financial wellbeing in the workforce is costing UK business around £6bn in lost revenue each year, according to new research, with employees absent or distracted from their work because of money...
The workplace pension participation rate in the UK has increased as a result of automatic enrolment, rising to 79 per cent in 2021 from 47 per cent in 2012, according to data...
Nearly 72 per cent of UK savers say they have never filled out an expression of wish form, which names beneficiaries in the case of the customer's death while receiving pension payments,...
Almost six out of 10 pension savers want their scheme to slash its exposure to fossil fuels, provided it does not impact performance, according to new research. The survey by LGIM —...
The pensions industry is launching a co-ordinated ‘engagement campaign’ designed to increase consumers’ basic understanding of pensions. This campaign, which is being led by the Association of British Insurers (ABI) and Pensions...
ACA is calling for action on stalled pension reforms saying that a crisis is brewing ahead. According to ACA's final report of 2021 Pension trends which includes responses from 212 employers of...
Millions of people will struggle financially later in life unless there is concerted action taken by both the government and employers to address this growing crisis. This was the conclusion of new...
Contributions into personal and stakeholder pensions — which includes workplace pensions — increased by 12 per cent between the 2018/19 and 2019/20 tax years, according to the latest HMRC figures The annual...
Millions of people making minimum AE contributions believe they are saving enough for retirement, according to new research, despite evidence suggesting this will provide just a basic standard of living. B&CE, the...
