The number of scheme members requesting their projected pension based on their current savings has dropped by 9% since last quarter, Aon Consulting says.
The consultant said the drop was an indication "panic" among British workers about the state of their pensions seemed to be easing. However, statistics from the firm's admin tracker revealed requests...
The government must now bow to pressure and allow providers to choose whether to send standardised, simpler pension statements, says Baroness Ros Altmann.
There is a growing need for schemes to improve governance. John Reeve says better trustee support will improve their ability to meet these increasingly onerous requirements
Communication is essential in a pensions environment governed increasingly by defaults, and with more schemes in distress. James Phillips joined a panel of experts to hear how it can be improved.
Penfold has launched a digital pension scheme aimed at the self-employed following a successful £2m funding round.
The Pensions Administration Standards Association (PASA) has published its first batch of guidance on defined contribution (DC) master trust transition, as further consolidation is expected.