More than 40,000 companies were issued fines for failing to meet auto-enrolment (AE) obligations in 2018, The Pensions Regulator (TPR) has confirmed.
More than three quarters of adults have not set savings targets for retirement, according to Sanlam.
Mark Denning, who helped to run $300bn of assets at Capital Group, has resigned from his role after he was alleged to have secretly bought shares for his own benefit in some of the same companies as his funds.
The UK has failed to impress in an international analysis of pension systems due to serious concerns over sustainability.
Asset manager BNP Paribas has been awarded a private credit mandate by Nest following a competitive open tender.
Global institutional investors plan to divest 15.6% of their portfolios from fossil fuels over the next ten years, almost tripling outflows of 5.7% planned for next year, as high-profile activism on climate change gathers pace.
The Office of Tax Simplification (OTS) has called on the government to review its “complicated” pension tax measures and simplify engagement with the system.
LGPS Central has launched a multi-factor equity fund with climate considerations core to its investment process.