Give new mothers' pension pots a £2,000 top-up, says Which?
New mothers should be given a £2,000 pension top-up to address the gender gap as part of reforms to workplace pensions, according to Which?
Its analysis - as part of a joint report with the Pensions Policy Institute unveiled today (3 June) - found that women who take time off to care for a child could save £15,000 less towards retirement...
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Covid-19 likely to push DC schemes into master trusts
The economic uncertainty generated by Covid-19 is likely to cause a large number of defined contribution (DC) schemes to move into master trusts, according to PP readers.
Schemes on the hunt to maximise GMP conversion benefits
Red tape preventing pension schemes from managing the barriers around GMP equalisation is leading to many combining conversion with pension increase exercises (PIE), Aon says.
FCA launches workplace pensions value for money consultation
The Financial Conduct Authority (FCA) will bring forward proposals designed to promote value for money for workplace pension schemes members, a consultation paper says.
Floodgates open for DC scheme shift to master trusts as asset commitments top £4bn during lockdown
There will be a “surge” of employers moving defined contribution (DC) occupational trust pension schemes to master trusts as lockdown eases and employees return to work post-furlough, Hymans Robertson says.
