The idea of a Government- sponsored web-based pension planning tool has been around for quite some time. Back in the early noughties Labour’s DWP secretary of state Andrew Smith outlined an online planner,...
The Pensions Regulator has confirmed that two L&G master trusts have now gained authorisation. Legal & General WorkSave Mastertrust, and Legal & General Worksave Mastertrust (RAS) become the second and third trusts...
For the first time, a prosecution brought by The Pension Regulator has resulted in an immediate custodial sentence. In February Roger Bessent - a pension trustee - was convicted on to five...
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 number of companies disclosing information about their workplace practices — and that of their supply chains — has doubled this year, thanks to co-ordinated action by ShareAction. Ninety global companies, including...
The gap between men’s and women’s pensions continues to widen according to new analysis by Now Pensions. According to their research the average man saving into this master trust had £424 in...
