DC

The cost to the government of pensions tax relief was £38.4bn in the 2017/18 tax year, according to latest figures published by HMRC.  This figure was £1bn higher than the previous tax...

Latest HMRC figures show that more than half a million people withdrew money from their pension fund last year - the highest number since pension freedom rules were introduced. According to HMRC 539,000...

Auto-enrolment has certainly been successful in boosting contribution levels. Opt-out rates remain low, despite stepped contribution increases, and there are now more than 10m people enrolled in workplace pensions, many of whom...

Environmental, social or governance (ESG) factors have shot up the agenda in the DC pensions sector, driven by regulatory action, political momentum and asset manager product development. But confusion remains over what...

When last year’s Autumn Budget outlined plans to open up patient capital investments for defined contribution (DC) pensions, the reaction from the wider industry was broadly positive but cautious. Some felt the...

Royal London has published a new policy paper, aimed at employers, which sets out the the relative merits of both master trusts and group personal pensions. The company said this report is...

The House of Lords committee on intergenerational fairness has delivered a series of recommendations, calling for policies to support younger people in the employment and housing markets. This report also called for...

The funding, through crowdfunding platform Seedrs, values the company at £3.47m, and will go towards developing technology to enable AgeWage to generate tens of millions of value-for-money scores for consumers’ pension pots...

Scheme members are more likely to increase the amount the save each month if pension providers improve their communications and employer offer to match contributions. New analysis from Hargreaves Lansdown found that...