Govt taskforce to address pension ‘small pots’
The Department of Work & Pension has set up a taskforce to address the issue of small pension pots that are proliferating within workplace pensions. The move has been welcomed by the...
The Department of Work & Pension has set up a taskforce to address the issue of small pension pots that are proliferating within workplace pensions. The move has been welcomed by the...
The lower paid could opt out of workplace pensions, but still receive financial contributions from their employer, under radical industry proposals to reform the auto-enrolment system. The industry-body TISA (the Investing and...
Will technology revolutionise the pension industry, and is it already doing so? There is a reasonable consensus that the key driver of the next phase of change will be open data along with...
The job offers are accepted, new starters join the ranks of a company and they go into their workplace pension scheme. Brilliant – job done! In fact, it’s just the start. Many...
Employee benefits service WorkLife has partnered with Smart Pensions to offer workplace pensions to the suite of products available on its digital platform. WorkLife offers a range of services to small businesses,...
We accept all employers without filtering or underwriting. But being in this position, we have a frighteningly clear picture of the growing issue of small deferred pots – which are estimated to...
The DC pension charge cap should not be reduced below 0.75 per cent, and flat fees should be prohibited say leading consultancies. Responding to the DWP consultation on the automatic enrolment charge...
The vast majority of pension savers fear the Covid crisis will have a negative impact on their finances, according to new research from Nest. Nest, the largest pension scheme in the country...
Pensions red tape risks trapping tens of thousands of pension savers in low returning funds, according to consultants LCP. The problem concerns savers in workplace pensions who have actively chosen to invest...
The coronavirus pandemic is likely to exacerbate the gender savings gap, with a greater proportion of women saying they will decrease pension contributions in the next six months. Recent research by Aegon...