The UK is leading the way on ESG-driven legislation within the pension industry, according to minister for pensions and financial inclusion Guy Opperman. CLICK TO VIEW ALL THE VIDEOS FROM ALL THE...
Two thirds of savers (63 per cent) want pension companies to be more “environmentally transparent” about where their money is being invested. This research by Aviva shows that more than half of consumer...
The UK is ranked sixth out of 15 countries for the transparency of its pension scheme disclosures, according to the first ever Global Pension Transparency Benchmark. Topping this new benchmark was Canada,...
The Pension and Lifetime Savings Association has strengthened its stewardship and voting guidelines to reflect the recent Covid crisis and new climate regulations. These guidelines warn pension fund investors to check whether...
Globally women receive 26 per cent less income than men in retirement, according to new report from the OECD. This international research looks at the gender pension gap across a OECD countries,...
The Department of Work and Pensions has announced that it will shortly begin consulting on plans to introduce simpler annual benefit statements for workplace pensions. This announcement by the pensions minister Guy...
Phoenix Group achieved a 59 per cent increase in open new business long-term cash generation of £766m in 2020, up from 2019’s figure of £483m, and has pledged to invest to become...
The industry response to the publication of the eagerly anticipated report from the Department of Work and Pensions (DWP) about how to tackle the small pots problem only served to underline what...
The decision by the Chancellor to extend furlough pay until September is good news for workplace pension and will help protect people’s longer-term savings. The pension industry has welcomed this decision, which...
DB funding reform could be on a slower timetable that previously expected, according to a written statement from the Pensions Minister, published last night. Following Royal Assent on the Pension Schemes Act...
