Retail UX for pensions
What is the role of engagement in a pension system that relies at least partially on inertia to increase coverage? That question is one that is being increasingly asked by pension professionals. There...
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Defaults in massive rebound – Aegon and Ensign up 45pc in year to March
Workplace pensions enjoyed a massive rebound in the year to 31.3.21, with younger savers in the Aegon Master Trust’s Flexipath and the Ensign defaults up 45.3 per cent, while the Corporate Adviser...
Alistair Dornan: Supporting women is a benefits priority
The pandemic has been incredibly sexist. Globally the recession, wrought by Covid-19, has ruthlessly targeted women - women who shouldered the burden of caring through reduced hours, women who found their jobs...
Aegon strengthens net zero commitments
More than £10bn is now invested in ESG strategies through Aegon’s workplace default funds, according to the company’s latest figures. Aegon says its TargetPLan LifePath default funds now have 75 per cent...
Aegon calls for “joined up” approach to improve pension engagement
Joint action from the Financial Conduct Authority and The Pensions Regulation is critical to improving the consumer journey on pensions according to Aegon. Its comments come in response to TPR’s and the...
Vested partners with Husky to deliver new AE admin solution
Employee benefit consultancy Vested has joined forces with Husky, a specialist in AE administration, to provide employers with a comprehensive group pensions advisory and administration solution. Vested, part of the Embark Group,...
Widespread ignorance of pension access changes
Seven out of 10 adults are unaware that the age at which they can access their pension will increase in the near future. From 2028 savers will have to be 57 before...
Royal Mail appoints EQ to run new CDC scheme
The Royal Mail Group has appointed EQ to be the pension software supplier for its new collective defined contribution (CDC) pension scheme. EQ’s pension administration software Compendia was chosen following the selection...
Master trust switches set to increase significantly: WTW
Two-thirds of employers who currently run their own trust-based pension plans are considering switching to a master trust within the next two years, according to new research from Willis Towers Watson. Its...
Chris Sier’s ClearGlass extends benchmarking to asset management industry
ClearGlass, the company founded by transparency campaigner Professor Chris Sier, is extending its cost and performance benchmarking proposition to the asset management industry. The service will enable users to identify which asset...
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