Extending auto-enrolment (AE) to workers in the gig economy could grant them a lump sum of £75,600 at retirement, Zurich and Pensions Policy Institute (PPI) research suggests.
Using a model of AE where gig economy workers put away 4% of income into a pension, as suggested by the Taylor review, this could lead to an annual income of £13,500 if the state pension is included...
A fifth of contract-based pension schemes expect to move to a master trust by 2025, along with a third of trust-based plans.
Auto-enrolment reforms have transformed the UK’s pension system. Nick Reeve looks at latest research examining the lessons to be learned from the process.
Cross-border pensions and savings vehicles are growing in popularity among multi-national companies, according to research by Willis Towers Watson (WTW).
Thinking Ahead Institute research shows that DC funds have more assets than DB across the world’s biggest markets.
We must take urgent action to drive up member understanding of their pensions, or risk a generation of ill remunerated retirees, says Karen Bolan.