The Government is facing calls from the pensions industry to reform auto-enrolment contribution rules, to help boost overall levels of pension savings. These calls come as the AE minimum contribution levels are...
The average income received by pensioners fell last year, according to figures published by the Department of Work and Pensions. Its retirement income statistics show that the average weekly income for all...
New research shows that retirees' biggest concern about utilising pension freedoms is running out of money, with more than half favouring risk reduction over generating higher returns. It is now almost four...
The FCA’s Retirement Outcomes Review aims to address concerns that people won’t manage their money sensibly within pension freedoms and could end up making a mess of their retirement. So what are...
Margaret Thatcher once claimed that “There is no such thing as society: there are individual men and women, and there are families”. Since then the collectivism of defined benefit (DB) pension schemes...
The Pensions Policy Institute has published a new report, which examines in detail how DC pension schemes can increase their exposure to illiquid and alternative assets. This report sets out the various...
Welplan Pensions has exiting the master trust market, and will focus instead on its employee benefits business. Welplan says it is seeking a buyer for its pension pensions. It says this decision...
Standard Life is increasing the risk on its Active Plus and Passive Plus range of default funds, with risk profile 3 offering increasing its equity content by 5 per cent per cent....
Eleven master trusts have asked the regulator for more time to submit their authorisation application, with the position of at least 18 more schemes uncertain. An update from the Pensions Regulator indicates...
The Department of Work and Pension has approved plans for the Royal Mail to launch the UK’s first collective defined contribution (CDC) pension scheme. This confirmation was given in the DWP’s published...
