But, combining all these features together possibly has the greatest impact to overcome inertia and encourage enrolment in the pension scheme.Iyengar and Kamenica (2006)1 demonstrated that simplification raises participation. In particular they...
The need for a decent income in retirement is blindingly obvious to most people, but there is limited confidence as to how this income will materialise. A good example is a survey...
Decisions, decisionsEmployers will have many new choices to make. They can either automatically enrol employees into their own private pension scheme or the new personal accounts scheme, currently being designed and set...
JLT is planning to launch its own online benefits platform, JLT On Line, with Carlton and the team which comprises Charlie Carrick, Jennifer Yates, Nick Harris, Arun Deshpande, Neil Pickering and Pete...
New occupational pension business, which covers both defined benefit and defined contribution pensions, fell 1.9 per cent to and#163;203m, from a figure of and#163;207m in Q1 of 2007. This was offset by...
Hodson says advisers face a diminishing number of providers who will quote for smaller business and are almost being forced back down a commission type route in order to choose a provider.Responding...
Around 1,300 working adults across the UK were asked what benefit they would prefer to receive if they were diagnosed with cancer. The findings showed that nearly one in two workers, 49...
The Government is now amending the Pensions Bill 2007 to allow automatic enrolment into workplace personal pensions, after receiving confirmation that this was consistent with EU law.The Bill already allows for automatic...
As Edmund Tirbutt reports in this issue, service standards in the group risk sector, for far too long the bain of the lives of those advisers specialising in the sector, are now...
"The government is seeking views on ways to provide more flexibility to encourage risk sharing schemes, rather than just final salary or defined contribution arrangements which are at polar ends of the...
