Just under 20% of firms know of one or more employees that have been victims of a pension scam, a Barnett Waddingham study has found.
However, in the survey of 243 UK organisations conducted in July, 50% of respondents said they knew none, and 31% were unsure. Some 38% of all organisations said they have raised awareness of pension...
Low member engagement, poor scheme governance, and multiple pots can be equally as detrimental to defined contribution (DC) funds as opaque charges and high costs, research finds.
The Pensions Management Institute's (PMI) Master Trust Working Group is inviting pension experts to participate in four workstreams to tackle barriers to good service delivery and positive member outcomes.
Willis Towers Watson has published a report looking at DC trends over the past year. Kim Kaveh looks at the findings.
NEST, Aegon Master Trust, Ensign Retirement Plan, Creative Pension Trust and the Baptist Pension Scheme have been authorised by The Pensions Regulator (TPR).
Professional Pensions has compiled a list charting the progress of master trust authorisation. View our list in full here...