The majority of employers who have successfully introduced auto-enrolment (AE) are only contributing the minimum legal amounts, according to Department for Work and Pensions (DWP) research.
The Employers' Pension Provision survey 2015 conducted by IFF Research on behalf of DWP found that three in five (62%) of staged employers were only contributing the minimum 1% of qualifying earnings....
Escalating standards for sole trustees will become a norm for reputable firms, even if they are voluntary, says Nigel Hill.
Sole trustees will be expected to assess whether to report to The Pensions Regulator (TPR) if they are removed, or resign, from an appointment because of sponsor’s actions.
Overall mortality remains in line with pre-coronavirus trends despite a recent increase in Covid-19 related deaths, according to the Continuous Mortality Investigation (CMI).
Aon has been re-appointed by the £400m ITN Pension Scheme to provide fiduciary management services.
XPS Pensions Group has posted a total revenue growth of 9% in the six months to 30 September 2020, its pre-close trading update shows.