Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
Average opt-out rates for 22- to 29-year old female members were 5% in December compared to 3% for men - a trend that accelerates across older groups, according to Now Pensions analysis conducted exclusively for PP.
Salvus Master Trust has launched a new product in a bid to help firms remove the cost of administering the pots of deferred and legacy trust-based defined contribution (DC) members.
Hilary Salt says DC is merely a savings vehicle, and argues collective DC would provide a wage in retirement more efficiently
The Lighthouse Pensions Trust has recorded an 84% surge in the number of employers signed up to its auto-enrolment (AE) provision.
An analysis of IGC annual reports finds some lacking in information on value for money, costs and charges, and investment performance. James Phillips explores the findings
Supermarket giant Asda's plans to reform its pensions have been decried as "unfair, unreasonable and unnecessary" as the workers' union began talks with the employer.
Collective individual defined contribution (CIDC) schemes should be sought as the next form of pension provision, a university paper has recommended.
Auto-enrolment (AE) has now brought on board its one millionth employer as the flagship programme reaches the end of its phased staging, the government has announced.
Average opt-out rates rested at 4% for 22- to 29-year-old members of NEST in December last year, compared with 26% for 60- to 64-year-olds.