Just one third of 18-24 year-olds are in a workplace pension, suggesting much more action is needed according to the Chartered Institute of Personnel and Development (CIPD).
Its Employee Outlook: Focus on employee attitudes to pay and pensions report found that while this young age group is least likely be in a workplace pension, two-thirds (66%) of working adults surveyed...
Now authorisation has ended for existing schemes, Kim Kaveh reflects on the process and asks what the future holds for ongoing supervision.
Capita has signed up to the government-backed Star Initiative, taking its total number of participants to 50.
Smart Pension and Australian administrator Link Group have entered a strategic global partnership to take their “combined expertise” into new markets in the UK and globally.
Cost savings of up to 20% could be made by pension schemes if they move to a defined contribution (DC) master trust, according to Hymans Robertson analysis.