Ian McKenna: Save more tomorrow by stealth
The final phase of auto-enrolment contribution increases has just kicked in. For the industry this has been a huge success, bringing over 10 million workers into long term savings for the first...
Auto-enrolment
VIDEO: Steve Webb and Ewan Smith – Master trust or GPP?
Master trusts have been dominating the headlines, positioning themselves as the easy choice for employers. But are the positive features of GPPs being overlooked? Debating the two different types of workplace pension are:...
Master trust v GPP: new guide for employers published
Royal London has published a new policy paper, aimed at employers, which sets out the the relative merits of both master trusts and group personal pensions. The company said this report is...
House of Lords calls for end to pensions triple lock
The House of Lords committee on intergenerational fairness has delivered a series of recommendations, calling for policies to support younger people in the employment and housing markets. This report also called for...
Tapper’s AgeWage funding round oversubscribes
The funding, through crowdfunding platform Seedrs, values the company at £3.47m, and will go towards developing technology to enable AgeWage to generate tens of millions of value-for-money scores for consumers’ pension pots...
Six out of 10 boost pension contributions with “matching” arrangements
Scheme members are more likely to increase the amount the save each month if pension providers improve their communications and employer offer to match contributions. New analysis from Hargreaves Lansdown found that...
FCA consultation paper sets out new role for IGCs
The FCA is looking to extend the remit of Independent Governance Committees that oversee workplace pensions. In a consultation paper - published today - it sets out two key new roles for...
DC pensions poised to overtake DB schemes: ONS
The number of people saving into a DC workplace pension is almost level with those holding DB pensions, according to the latest figures from the Office of National Statistics. According to ONS...
Spike in LTA breaches following AE rollout
Since the introduction of auto-enrolment there has been a significant spike in the number of people breaching lifetime allowance ‘protections’ according to new HMRC figures. The figures were released following a freedom...
Punter Southall Aspire hires new associate director
Punter Southall Aspire has hired Chris Eyre as an associate director, in a bid to expand its workplace retirement advice service. Eyre will be associate director of Punter Southall Aspire retirement services...
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