‘Part-time pensions penalty’ costs women £100,000 in retirement
By the time they reach their 60s women’s pension wealth is less than a third of men’s - making them more than £100,000 worse off in retirement, according to new figures. The...
Auto-enrolment
Millennials urged to contribute more to workplace pensions
The under 40s need to contribute more into a pension, if they are to maintain current spending habits in retirement. According to current research the average millennial is spending around £1,700 a...
TPR authorises four more master trusts
The Pensions Regulator has authorised the master trusts run by Standard Life, Fidelity and The Pensions Trust (also known as TPT Retirement Solutions). Standard Life has two master trusts — the DC...
Master trust innovation roundtable: questions of data
It will be several months before the Pension Regulator announces the final list of authorised master trusts. But this ongoing process is already driving significant change within the sector. Technology will play...
Age UK calls for Nest to offer retirement products
Pension freedoms could lead to another major financial scandal, thanks to a dearth of advice on retirement options, coupled with a lack of innovation from the pensions industry. This was the conclusion...
Pension industry welcomes IA proposals for new fund structures
The proposals were contained in the trade body’s “2025 Vision” paper, which outlined three key areas of development to meet the changing needs of investors. This included plans for a new fund...
Opperman urges focus on pension value not cost
Pensions minister Guy Opperman MP has urged employers and their advisers to look beyond price and consider the overall value the pension provider they choose delivers. Writing in the foreword to Corporate...
7.3 per cent a year difference in default fund returns
Research by Corporate Adviser Intelligence has revealed massive differences in returns, meaning some unlucky savers could end up significantly worse off in retirement due to their employer's choice of pension scheme. View...
Research shows extent of gender pension split
More than one in three women don’t have any private pension savings, a figure that is significantly higher than men, according to new research. This survey, by Willis Owen, highlights the stark...
Nest boosts ESG capability
Nest has extended the number of third parties providers it uses to supply data on environmental, societal and governance (ESG) factors. The UK’s largest master trust provider will now source data from...
Most Popular
-
Hymans Robertson appoints new head of CDC
-
Aon launches service for smaller schemes targeting run-on
-
Standard Life wins £6.2bn of new workplace schemes in six months
-
Howden makes senior appointment to global benefits management team
-
Bumper growth for world’s largest pension funds as UK market contracts
-
Industry raises concerns over how scale can impact investment approach
