UK worst OECD nation for mandatory retirement provision
The UK pensions system remains relatively ungenerous and unequal compared to other countries, the Organisation for Economic Co-operation and Development (OECD) has said.
In its annual Pensions at a Glance report, the body found the net replacement rates for future retirees from mandatory parts of the retirement system, such as the state pension, will be the lowest of any...
More on Industry
25 Years of PP: A busy two decades
As part of a series celebrating PP’s silver anniversary, Hope William-Smith asks industry veterans about policy over the past 25 years and what needs to change for the future.
Five stories you may have missed this week
This week’s top stories include findings from PwC that pensions schemes have been “shoehorned” into valuing liabilities against gilts, while Mercer launched a defined benefit master trust.
Pension Awareness Week 2020: Workplace scheme quality dampened by information asymmetry
The lack of information cohesion across the industry is preventing savers from receiving true value for money from their workplace scheme, the Finance Technology Research Centre (FTRC) says.
Sole corporate trusteeship not a positive trend, industry says
Almost half (49%) of the respondents to a Professional Pensions poll disagree that the trend toward sole corporate trusteeship is positive.
CMI: Volatile spikes clear yet deaths remain close to 2019 levels
Despite a surge of small spikes in the number of deaths in the last month on a week-by-week basis, overall levels remain close to those recorded last year, says the Continuous Mortality Investigation (CMI).
