Renters are less likely to save for retirement than homeowners, have insufficient emergency funds, and are less likely to have adequate income protection or sick pay, according to Hargreaves Lansdown. According to...
Almost six out of 10 working adults have ‘low confidence’ in their own pension knowledge — with women, those on lower incomes and younger adults most likely to have a poor understanding...
The number of pension scams has declined significantly, following government action to ban cold calls and boost the powers of trustees to stop suspicious transactions. Research by Broadstone has found only 7...
The age at which people are automatically enrolled into a workplace pension is expected to lowered from 22 to 18 if the Auto-enrolment Bill gets Royal Assent this month. It is widely...
The pension industry is seeing significant divides regarding who should benefit from DB pension scheme surpluses, according to LCP webinar on DB funding reform. The LCP webinar, hosted by LCP partner and...
The triple lock causes an increase in state pension spending of £11bn a year compared to what spending would have been if growth had been in accordance with either prices or earnings,...
The cost-of-living issue has caused a fifth of savers to cut or halt their workplace pension contributions, possibly affecting their retirement savings of up to £270,000. According to M&G Wealth’s Family Wealth...
Problems in the investment trust market are causing difficulties for many UK pensions schemes and could make it harder to meet government objectives to increase investments into infrastructure and private equity to...
The employment rate for those aged 50 to 64, currently at 71.3 per cent, has not yet fully recovered to its pre-pandemic level of 72.5 per cent in 2019, according to data...
The Pensions Regulator and Department for Work and Pensions need to “resolve inconsistencies” between the new DB code and the regulation underpinning it to avoid “negative consequences” for schemes and their members....
