Pension freedoms could generate as much as £1.9bn a year in tax revenue for the next 10 years, according to research by the Pensions Policy Institute (PPI).
Stena Line UK Group has chosen not-for-profit master trust Ensign to be its main defined contribution (DC) pension provider for the majority of its employees.
The increase in minimum auto-enrolment (AE) contributions has had little impact on opt-out rates - with cessations after April increasing by less than two percentage points, data from The Pensions Regulator (TPR) shows.
Contract-based schemes could face requirements to disclose their firms' policies on environmental, social and governance (ESG) issues under Financial Conduct Authority (FCA) plans.
The Pensions Policy Institute has called for the introduction of default decumulation pathways. James Phillips says the innovation could be risky, but is a worthwhile cause.
In this week's Pensions Buzz, respondents warned schemes being required to offer partial transfers could lead to too many administrative burdens
As annuities continue to fall in popularity, this year's Future Book suggests savers need more help choosing retirement income products. James Phillips explores the proposals.
Theo Kocken says a collective approach to pensions is, at best, only half right for the UK
Schroders has introduced a sustainable multi-factor equity fund which aims to help defined contribution (DC) schemes while integrating environmental, social and governance (ESG) factors.
Smart Pension and Legal & General (L&G) have unveiled a prototype demo of their workplace retirement income product which combines drawdown and annuities, exclusively to PP.
Diandra Soobiah says the sector must look at how to use positive examples of where value and values might align to build more trust and engagement among pension savers
A survey conducted by NEST highlights its members' views on responsible investment. Kim Kaveh explores the data
Lack of transparency means employees are in the dark over whether they are getting value for money from their pension, according to a report by the international labour union network.
The Pensions Regulator (TPR) should reveal the names of master trusts that will not apply for authorisation and take a measured approach, industry experts have said.
Companies should revaluate their approach to defined contribution (DC) default design as more than 80% of savers trust employers to choose the right investments, according to research by BlackRock.
Savers face a huge number of options at-retirement. Steve Goddard believes this 'dartboard of choice' should be take away and an additional layer of trustee governance is needed to protect members in the deculmulation phase
The Pensions Regulator (TPR) has confirmed that 30 master trusts have or will exit the market, leaving 58 which will either need to apply for authorisation or exit in the coming months.
Respondents disagree whether mixing of products would be beneficial for savers
Hymans Robertson has unveiled research analysing investment performance across the 16 largest master trust default funds. Kim Kaveh explores the data.
Tim Sharp says more fundamental reforms are necessary in order to make a big difference to the lives of young workers
Almost 10 million people are now enrolled in multi-employer pension schemes*, with larger FTSE employers now being attracted by their more efficient governance arrangements
Environmental, social and governance (ESG) issues could be the key to greater engagement with members if the power of investments is communicated well, says Emma Douglas.
A handful of industry heavyweights have begun trialling a so-called 'mid-life MOT', with positive initial results reported by all those involved.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.