Young workers' pension funds are being sacrificed so private companies can afford to pay "over-generous" pensions for older members, according to the Intergenerational Foundation (IF).
Its latest report said there is a £22,400 gap between annual contributions to defined benefit (DB) DB and defined contribution (DC) schemes, with the average DB scheme paying out £23,600 a year while a...
The Universities Superannuation Scheme (USS) trustee board has warned investment returns will be lower in the future than expected as it edges closer to concluding its 2020 valuation.
Pension transfer values ended 2020 at £259,000, 8% higher than the start of the year, according to XPS Pensions, after suffering periods of substantial volatility linked to the pandemic while potential scams reached record highs.
Online provider Pension Bee has created a flexible pension for self-employed savers, allowing them to make contributions according to their income.
The Pensions Regulator’s (TPR) long-term funding approach will put extra financial pressure on UK pension scheme sponsors, according to Aon.
Older savers are at risk of running out of their defined contribution (DC) pension savings with a third of their retirement still ahead, according to research by The People’s Pension and State Street Global Advisors.