Member information requests drop 9%
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...
More on Admin / Technology
Simpler pension statements must be compulsory
The government must now bow to pressure and allow providers to choose whether to send standardised, simpler pension statements, says Baroness Ros Altmann.
Why the role of scheme secretary needs to evolve
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
Why communication is vital in pensions
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 secures £2m to fund digital pension scheme for the self-employed
Penfold has launched a digital pension scheme aimed at the self-employed following a successful £2m funding round.
PASA publishes master trust transition guidance
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.
