The ABI has urged the Pensions Commission to set out a clear roadmap for gradually increasing automatic enrolment pension contributions from 8 per cent to 12 per cent by the end of...
Only large master trusts, single employer trusts and big contract-based arrangements will be in scope for the first value for money (VFM) assessments, which will still take place in 2028, based on...
Steve Butler, the former CEO of Punter Southall Aspire, has joined Hymans Robertson Personal Wealth as its head of corporate. Butler will lead the corporate business within Hymans Robertson Personal Wealth, supporting...
As the Pension Schemes Act finally received royal assent in May, some master trust providers looked on with anxiety as the provisions of the scale test were etched into law. The test...
Professional trustees have an increasingly important role to play in scheme governance, overseeing a sector in a state of change while facing more oversight themselves. The Department for Work and Pensions consultation...
Nest now has £13bn invested in the UK economy, according its latest annual report which was laid before Parliament today. These figures show in total Nest now has assets under management of...
Household circumstances, including home ownership and relationship status are key determinates of retirement adequacy, with the current system creating significant areas of vulnerability, a Pensions Policy Institute report has found. The PPI...
Four providers are responsible for over 70 per cent of assets and three quarters of members, with master trusts now accounting for 41 per cent of large DC schemes, according to research...
Retirement in the UK is starting to feel out of reach for many workers. Not because people do not understand the importance of pensions, nor because they are unwilling to save, but...
Nest has expanded its private market strategy by launching a new £200m dedicated venture capital ‘sleeve’, with Schroders Capital. Nest, the UK’s largest master trust, has been invested in growth-stage companies and...
