The government has failed to set out a timetable to implement key recommendations on improving auto-enrolment that were first made in a DWP report in 2017. This report recommended enrolling workers from...
The Pensions Regulator has sets out its plans for how the new collective defined contribution (CDC) schemes should be regulated. This draft codes comes ahead of changes which will see trustees be...
The National Audit Office (NAO) has censured Nest for making irregular payments totalling £100,000 to retain staff in key posts. Nest made payments totalling £100,000 to 2 individuals in two payments -...
When will the pensions industry and, more importantly, its members, clients and customers get access to the pensions dashboard? The answer is not until 2023 at least. In October 2020, the Pensions...
It is perhaps something of an understatement to say 2021 has been an exceptionally busy year for pensions policy. Many of the policy changes being talked about, like pensions dashboards, will be...
Contributions into DC pension plans have continued to recover following the initial Covid lockdown according to new figures from the Office of National Statistics. If latest published data shows that employee and...
Most workplace pension savers want their default fund to be an ESG one, according to new research. Almost one in two savers (46 per cent) say these funds should look at sustainability...
Nest and UBS Asset Management have divested from five energy companies due to their lack of engagement around climate change. The largest is Exxon Mobil, with the four other companies being Imperial...
Fewer people are seeking advice on their retirement options before taking cash from their pension according to the latest FCA data. More than half (54 per cent) of the people accessing their...
It is almost 10 years since the start of auto-enrolment. Is it time to look again at how the industry can encourage better engagement with pensions? Engagement has been a perennial problem...
