For the first time DC pension contributions made by FTSE 350 companies have exceeded those paid into DB schemes. Figures compiled by Barnett Waddingham show that £9.9bn was paid into DC schemes...
Workplace pension schemes are frequently taking the wrong contributions from employees which could lead to members losing up to £12,000 in retirement, according to Hymans Robertson. The consultancy firm warned problems were...
Hargreaves Lansdown SIPP millionaires have increased from 3,166 to 3,794 in the last two years, as of the end of March 2024. The median age of these millionaires is 63, with 90...
The Aon UK DC Pension Tracker rose over the quarter from 56.8 to 60.0, with older members benefiting most from strong investment returns during the period. The rise was driven by strong...
What does a good default investment strategy look like? Most people saving into workplace pensions through auto-enrolment are in the provider’s default offering, so by their nature these defaults cover a broad...
Smart Pension and Wahed, an Islamic digital investment platform, have launched a new advertising campaign which aims to encourage Muslim employers and savers to consider halal workplace pensions. Last month, Smart Pension...
The government’s drive to benchmark investment performance and target poor performance highlights a number of challenges for the DC pensions sector – how much weight to be given to past performance, and...
The Government has introduced a raft of legislation in recent years, designed to improve outcomes for pension scheme members. But this could prove ineffective without legislative action to make it easier to...
With growth in the DC pensions sector accelerating, the workplace pensions market is, 12 years on from the introduction of auto-enrolment, entering a new phase. As the market has matured, there is...
With the General Election countdown now well and truly underway we can expect a considerable focus on the industry’s policy asks from the main parties. This will inevitably include demands for a...
