Workers will still get an increase in take-home pay this April despite the rise in auto-enrolment (AE) contributions, according to Royal London analysis.
The impact on pension scheme membership will be minimal, as increased contributions will be partly or fully offset for most people by pay rises and a more generous income tax system, the insurer said....
The industry is split on whether The Pensions Regulator’s (TPR) January removal of late payment reporting flexibility is too early, a Professional Pensions poll shows.
Hymans Robertson has cut the carbon footprint of its pension plan by around 33% while delivering lower charges by launching a fresh default investment strategy.
Both defined contribution (DC) scheme membership and assets are continuing to show steady growth despite the Coronavirus outbreak, according to the Pensions Policy Institute (PPI).
PP looks at the pensions great and good who oversee contract-based schemes
The least financially secure pension savers may be increasing their personal debt levels or foregoing household essentials after paying pension contributions, The Investing and Saving Alliance (TISA) says.