Whatever one may think of the National Employment Savings Trust, it is part of the necessary Leviathan to prevent us and other future generations of defined contribution pensioners falling into abject poverty.
Northamptonshire Pension Scheme has increased its bond allocation mandate to US-based Wellington Management to 15% after a key resignation from its second bond manager UBS.
NEST is set to tackle member anger at pension pot falls by attributing losses on benefits statements in the context of employer rather than employee contributions.
The Department for Work and Pensions has launched a consultation on the way in which employers can certify the pension scheme they plan to enrol their employees into.
Cardano has been appointed as fiduciary manager for Pirelli's UK pension funds.
The financial crisis significantly affected the saving behaviour of the National Employment Savings Trust's target market, with 46% making a change and 14% stopping contributions all together, according to research.
Heineken has closed its defined benefit scheme to future accrual and replaced it with a defined contribution arrangement.
The government has announced public sector pension negotiations will continue on ‘scheme by scheme' basis in the future.
Replacing tax relief on pensions with a matched savings scheme and setting up a "no-lose lottery" could help plug Britain's savings gap, a think tank says.