Bleak figures reveal the gulf between public and private sector pensions continues to grow with 83% of government workers enrolled compared with just 33% of private sector employees.
Figures from the Office for National Statistics also showed just under half of all employees (48%) belonged to a workplace pension scheme - the lowest figure since 1997. Nearly half (49%) of employees...
A third of female entrepreneurs in the UK are not saving any money towards their retirement, figures from Scottish Widows show.
This week’s top stories include SuperTrust UK’s exit from the master trust market, just one day before The Pensions Regulator announced all existing master trusts had been authorised.
The Bank of England’s monetary policy committee (MPC) has voted by a majority of 7-2 to maintain the interest rate at 0.75%.
RPMI Railpen will develop a newly purchased site with a speculative warehouse and logistics scheme in a bid to boost its property portfolio.
Mutual Scottish Friendly has completed the acquisition of a back book of life and pension policies from financial services provider Canada Life.