UK workers risk losing over £50 billion in pensions due to the proliferation of smaller multiple accounts, according to new analysis by the Centre for Economics and Business Research for PensionBee. In...
Almost seven out of 10 firms have not reviewed the design of their pension scheme in recent years according to consultants Mercer. The company's latest report into the DC pensions market found...
Investment platform Tillit has appointed Danny Meehan as a non-executive director as it steps up its launch into the UK pensions market. Meehan has worked for a number of newer entrants in...
Government plans to close under-performing schemes could backfire and lead to poorer returns for everyone, according to some industry professionals. While many said action needs to be taken against poor value schemes, there...
By better understanding different people’s needs and attitudes, we can build a more inclusive retirement savings system. But do we understand other people as well as we might think? The UK workforce...
Actuaries are calling for more realistic climate risk assessments which should include the ‘risk of ruin’ — the point past which global society can no longer adapt to climate change. A report...
As consultations, regulation and initiatives such as the Mansion House Compact come thick and fast, we must begin to prioritise what is important: improving member outcomes using less liquid asset classes. While...
A number of DC pension schemes have been wound-up after failing to satisfy the regulators new ‘value for member’ assessments. The Pensions Regulator has already fined one corporate trustee for failing to...
Broadstone has appointed Rachel Coles as a workplace engagement consultant. Coles joins Broadstone's DC workplace savings team, part of the employee benefits consulting business, which helps about 800 firms offer cutting-edge benefit and...
Pension Freedoms, introduced a decade ago, increased retirement flexibility but also added complexity in choosing retirement income options, resulting in a growth in drawdown usage. The industry emphasises ongoing innovation to ensure...
