Some 54% of savers are 'very' or 'fairly' confident their retired income will provide their desired standard of living, data from the Office for National Statistics (ONS) has revealed.
Its Wealth and Assets Survey - which assessed retirement confidence of men aged under 65, and women under the age of 60, from July 2016 to June 2017 - found this increased by 3% from July 2014 to June...
The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.
The pensions industry must personalise interventions and auto-enrolment (AE) conversations to prevent members from squandering their pots at retirement age, according to industry experts.
Legal & General Investment Management (LGIM) has incorporated ESG considerations as well as its climate impact pledge into the default funds for the 3.3 million members in its master trust and contract-based schemes.
As TPR prepares to kick off its first master trust supervisory cycle, Kate Smith explores how the market has changed and may continue to
Nest Insight has outlined a series of different options on how its planned hybrid savings tool could be implemented successfully by employers.