ACA: AE to exclude 12 million people by mid-2018
Millions of low-paid earners and self-employed workers will be missing out on pensions unless the government expands the auto-enrolment (AE) programme, Association of Consulting Actuaries (ACA) research finds.
The trade body analysed Office for National Statistics (ONS) data on some 840,000 micro-businesses - those firms with fewer than five employees - finding that over 40% of employees of these companies are...
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UPDATED: DWP to mandate use of simpler annual statements for auto-enrolment DC schemes
The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.
Industry pushes for AE intervention so members don't squander pension pot
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.
LGIM integrates ESG and climate impact pledge into DC defaults
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.
Master trusts lead the way in pensions
As TPR prepares to kick off its first master trust supervisory cycle, Kate Smith explores how the market has changed and may continue to
Sidecar savings option popular but opt-ins low, finds Nest Insight
Nest Insight has outlined a series of different options on how its planned hybrid savings tool could be implemented successfully by employers.
