A data-driven approach to governance that encourages employees to take ownership of their pension rather than expecting more from schemes will drive better outcomes, Howden Employee Benefits & Wellbeing says.
Retirement outcomes for muster trust scheme savers have improved in the last year with the value of investments in default funds “shooting up”, according to Hymans Robertson.
Nest has designed a model project management plan to guide customisation of the bulk transfers process for individual employers’ requirements.
Workplace savings fintech Cushon has closed an overall funding round of £26m to finance “rapid expansion plans” and acquired the scheme funder of the Workers Pension Trust (WPT).
LifeSight Master Trust has onboarded 2,500 members and £125m in defined contribution (DC) scheme assets after taking on the pension provision for Ricardo.