The average annual pension withdrawal rate jumped more than one percentage point between 2016/17 and 2017/18, according to the latest data from the Financial Conduct Authority (FCA).
Occupational pension scheme membership hit a record high in 2017, with more than 41.1 million people saving through the workplace, latest Office for National Statistics (ONS) data reveals.
A decade after the crisis, Rory Murphy says the industry must embrace the same approach to consumer engagement that is benefitting innovators in banking and retail
NEST is challenging the asset management sector to come up with an affordable and innovative private credit solution for itself and the wider defined contribution (DC) sector.
The master trust authorisation regime will come into force at the beginning of October. TPR's Kim Brown sets out what the watchdog expects to happen next.
Some 42% of defined contribution (DC) trustees believe that their investment strategies are 'less sophisticated' than those used by defined benefit (DB) schemes, according to a Hymans Robertson survey.
Lack of adequate income is increasingly to blame for why people do not choose to save towards retirement, according to research by Equiniti.
Initial responses to The Pensions Regulator's (TPR) consultation on how master trusts will be supervised says it lacks detail on some of its policy proposals, including pause orders.
Just under 20% of firms know of one or more employees that have been victims of a pension scam, a Barnett Waddingham study has found.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.