XPS Pensions Group has seen a year of record growth across its business, with pre-tax profits up by 227 per cent year on year. Publishing its annuals results it said a significant...
Professional trustee firms have continued to grow in size, with the total number of trustees they employ increasing by 15 per cent over the last 12 months . In WTW’s annual survey...
More than one in four (28 per cent) UK adults don’t know how much income they will need in retirement, according to new research from Scottish Widows. These figures, from its latest...
The Society of Pension Professionals (SPP) has published a new guide for trustees, setting out practical steps on how the can engage with asset managers on environmental, social & governance (ESG) issues....
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...
