Savers ignore GARs to cash out small pots
Just one in three people accessing their pension pots last summer used them to provide some kind of retirement income, according to figures from the Financial Conduct Authority.
Almost 180,000 retirement pots were accessed using pension freedom between July and September last year, according to the FCA. The regulator said 178,990 pensions have been accessed by consumers to...
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Thames Water signs Aon for three-year master trust contract
Thames Water has contracted Aon to bring an “inspiring and innovative approach” to its 4,500-member strong defined contribution stakeholder plan.
Government called on to decouple employee/employer AE thresholds
Investment and advice giant Quilter has called on the government to consider decoupling employee and employer contribution thresholds for auto-enrolment (AE) due to the pressures of Covid-19.
SEI boosts master trust offering with Moneyhub partnership
SEI has partnered with Moneyhub in a bid to enhance its master trust offering and help members improve their financial wellbeing.
DC value consultation a 'wake up call' but consolidation not always easy
Plans to improve value to members in defined contribution (DC) plans by improving investment options and governance while consolidating small schemes have been welcomed as a “wake-up call” for the industry.
Pension Awareness Week 2020: AE 'solves retirement money worries' say one in four
While many savers remain concerned about funding retirement, more than a quarter say auto-enrolment (AE) provisions have solved their worries, Close Brothers research shows.
