Scottish Life ties with Nest for auto-enrolment
The Automatic Enrolment Service from Scottish Life will provide employers with an employer duties service for all employees of a company regardless of whether the pension pot is supplied by Nest or...
The Automatic Enrolment Service from Scottish Life will provide employers with an employer duties service for all employees of a company regardless of whether the pension pot is supplied by Nest or...
In a paper called The Distributional Effects of Asset Purchases, the Bank of England has argued that its policy is likely to have had a broadly neutral impact on the value of...
As employers come to terms with the complexities of demonstrating compliance with the auto-enrolment process, they may come to regret their opposition to compulsory pension contributions. That is the conclusion that Malcolm...
The LCP DC Fees Survey of over 300 funds has revealed that around 30 per cent of DC investment providers were unwilling to provide details of the indirect costs associated with their...
The survey, which polled 59 employers, showed a low level of understanding of the cost of auto-enrolment amongst smaller employers, with 44 per cent predicting it would cause just a small increase...
The research shows 72.3 per cent of advisers and 66.7 per cent of employers surveyed think it is important or very important that their auto- enrolment technology can be used with any...
Shadow pensions minister Gregg McClymont says the Department for Work and Pensions should have gone for the ‘aggregator’ approach, whereby small pots would only be automatically transferred to low-charge trust-based arrangements, rather...
Dropping the aggregator model proposed by some life offices, the DWP said it had opted for ‘pot follows member’ because of the potential for reduced charges and because it is the most...
Aegon chief executive Adrian Grace says: “Our entry into the corporate platform market couldn’t come at a better time. The Workplace Savings market is undergoing a period of significant change. Pensions reform...
The attack follows comments reported in The Times and The Guardian in which Miliband accused the pension industry of excessively high charges. The two newspapers reported Miliband as saying he is determined...