The Department of Work and Pensions minister Sir Stephen Timms has reiterated that he would like to see the government set out a timetable to increase auto-enrolment contributions. His comments came at...
The IFS has called for auto-enrolment reforms, warning that a 1 per cent drop in pension returns could lead to over half of private sector workers undersaving, with 40 per cent missing...
SPONSORED CONTENT Podcast - Decumulation - Understanding the Needs of theNation - Scottish Widows Workplace Savings Podcast | Podcast on Spotify In this podcast episode, Robert Cochran is joined by Pete Glancy,...
SPONSORED CONTENT We’ve seen lots of change since the launch of our first Retirement Report 20 years ago, with the introduction of auto enrolment being the biggest and most positive one. It...
Raising the minimum pension contributions under the auto-enrolment (AE) scheme to 12 per cent could significantly improve retirement savings for workers by £217,000, according to Standard Life. According to Standard Life's analysis...
The proportion of people saving enough to ensure that at least basic costs are covered in retirement continues to fall amid a cost-of-living crisis, according to Scottish Widows' latest retirement report. This...
Smart Pension is calling for ministers to prioritise expanding auto enrolment and to speed up the implementation of the pensions dashboard as they look to reform the UK pensions system. These demands...
Workplace pension schemes are frequently taking the wrong contributions from employees which could lead to members losing up to £12,000 in retirement, according to Hymans Robertson. The consultancy firm warned problems were...
The next government is being urged to scrap pensions tax relief in favour of a ‘savings bonus’ by the cross-party think tank the Social Market Foundation. It claims this would save the...
Almost one in five savers (19 per cent) have never reviewed how much is in their pension savings, according to research from The People’s Pension. The survey shows a similar proportion (21...
