Cardano completes Now Pensions acquisition
Cardano Group has completed the acquisition of Now Pensions, a week after the master trust received authorisation from The Pensions Regulator (TPR).
The completion of the deal went through yesterday (30 September), almost eight months after the initial agreement to purchase 100% of the auto-enrolment (AE) provider, subject to approval from the regulator....
More Defined Contribution
Pensions industry has 'lack of clarity' on members' retirement needs
Estimates of the amount of money needed for a ‘modest’ retirement can vary by up to £500,000, according to research from Aon.
Institutional investors plan £1trn divestment from fossil fuels over next decade
Global institutional investors plan to divest 15.6% of their portfolios from fossil fuels over the next ten years, almost tripling outflows of 5.7% planned for next year, as high-profile activism on climate change gathers pace.
Global DC attitudes to inertia versus member engagement differ widely, finds Thinking Ahead
Defined contribution (DC) schemes’ visions are generally aligned, but there are mixed views on the power of the default versus member engagement, according to the Thinking Ahead Institute.
AE seven years on: Has it been a success story?
AE has successfully brought millions of people into pension savings. But, as Kim Kaveh writes, it is far from perfect.
Dramatic rise in employers looking to switch provider, Aviva finds
The number of employers and advisers looking to change their pension provider has increased by nearly two thirds this year, according to research by Aviva.