Small pension pot problem – what are we waiting for?
Across the defined contribution pension market, over 12 million deferred pension pots worth less than £1,000 are no longer being paid into. These small-value pension pots are said to total £4bn...
Across the defined contribution pension market, over 12 million deferred pension pots worth less than £1,000 are no longer being paid into. These small-value pension pots are said to total £4bn...
Low levels of home ownership, increased life expectancy and relatively low AE contributions mean today's younger workers will face stark choices in retirement, according to latest report from the Pensions Policy Institute...
The Pensions Extension of Automatic Enrolment Bill received Royal Assent this morning, a day after passing through the House of Lords following its third reading. The bill will amend the Pensions Act...
Standard Life saw strong growth in both its workplace and bulk purchase annuity business in the first six months of this year. Phoenix Group’s interim results show that new business long-term cash...
As we head into Pensions Awareness Week, now is the perfect time for your clients to remind employees to pay their pension some attention. From bitesize content to encouraging money talk, there...
Almost six out of 10 working adults have ‘low confidence’ in their own pension knowledge — with women, those on lower incomes and younger adults most likely to have a poor understanding...
The age at which people are automatically enrolled into a workplace pension is expected to lowered from 22 to 18 if the Auto-enrolment Bill gets Royal Assent this month. It is widely...
Pension companies are calling for a cross-party ‘grand implementation plan' to ensure wide-reaching reforms, currently being proposed, are introduced in managed stages over the next decade. A host of DWP consultations close...
More than one in five people have stopped or cut back pension contributions as a result of the cost-of-living crisis according to new figures. The research, by Hargreaves Lansdown, found 14 per...
The government have been urged to slow down implementation of retirement ‘default’ arrangements, including decumulation-only CDC, and focus instead on legislative changes that will improve member engagement. The comments were made by...