Aegon has warned of a retirement shortfall for the bereaved as pre-retirees are increasingly not arranging for pension payments to go to their partners after death.
Research conducted by Censuswide on behalf of Aegon in May found while three-quarters (75%) of 504 respondents aged over 75 had made provisions, this dropped to 47% of the younger 503 respondents aged...
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.