A cross industry working group has issued new guidance on GMP equalisation, designed to help pension scheme trustees communicate the complexity of these changes to members. This guidance specifically relates to communication...
Only a minority of working adults (44 per cent) feel they understand enough about pensions to make decisions about their retirement, according to new data from the Office of National Statistics. Its...
Companies are warned that they could face fines if they reduce pension contributions, following the removal of government support for these payments. From the start of August, companies with staff on furlough...
As with several other regulatory initiatives, the implementation of investment pathways has been delayed due to Covid-19. The reform had been due to come into force in August, which would have meant...
The defined contribution pensions market in the UK remains in long-term transition. Factors contributing to this change over the last few years include auto-enrolment, the rapid growth of master trusts as providers...
Nest has adopted a new investment policy with the aim of being ‘net zero’ in terms of carbon emissions by 2050. The UK’s largest master trust provider says this policy should help...
The Pensions and Lifetime Savings Association (PLSA) is calling for a new regulatory framework to protect those who don’t engage or fully understand their retirement options. This regime will require pension schemes...
An overwhelming 87 per cent of DC savers believe businesses have a wider social responsibility than making a profit, up from 81 per cent in 2018, research from the DC Investment Forum...
A strong faith in nudge and a deep focus on conflicts of interest are the two themes that emerge when talking to Baroness Jeannie Drake, the Labour peer who was one of the original...
The Pensions Management Institute (PMI) has launched a new education and guidance service for trustees of workplace pensions, aimed at helping them support members approaching retirement. This service, called ‘RetirementMatters’, is supported...
