UK - University top-up fees and a lack of job security have prompted young adults to think about pensions, research from Witan Pensions suggests.
The study found that only 3% of 18 to 29-year-olds expect the state to provide them with sufficient income in retirement.
Witan said 57% of young adults expected to start saving for a pension within the next five years and a further 21% expected to begin saving within the next five to 10 years.
Only 5% of 18 to 29-year-olds without a pension said they never expect to save for one – compared with 33% of 30 to 50-year-olds and 83% of over 50s.
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.