The National Employment Savings Trust (NEST) quadrupled its assets under management over the year to the end of March to £420m, according to its annual report.
The report shows NEST's membership doubled to two million over the 12 months, while the number of employers using it went from 5,000 to 14,000. Outgoing chief executive Tim Jones, said: "That's good...
The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.
The pensions industry must personalise interventions and auto-enrolment (AE) conversations to prevent members from squandering their pots at retirement age, according to industry experts.
Legal & General Investment Management (LGIM) has incorporated ESG considerations as well as its climate impact pledge into the default funds for the 3.3 million members in its master trust and contract-based schemes.
As TPR prepares to kick off its first master trust supervisory cycle, Kate Smith explores how the market has changed and may continue to
Nest Insight has outlined a series of different options on how its planned hybrid savings tool could be implemented successfully by employers.