An individual who moves into self-employment after ten years work will miss out on an additional £115,300 in retirement funds after exiting their occupational pension scheme.
Research from Aegon published today (6 November) showed this 39% shortfall affects a total 15% of the UK workforce. The analysis assumed a 25-year old employee on average earnings becoming self-employed...
The government must take advantage of its majority to push through further reforms to auto-enrolment, says James Phillips.
The general election showed an increasing focus on collective over individual interests. CDC could fit right in, says Hilary Salt.
Collective defined contribution (CDC) schemes will offer members and employers a more satisfactory balance between affordability and security if they can meet both parties’ needs, according to Unbiased.
The Net Pay Action Group (NPAG) is urging the government to deliver on its manifesto pledge to review unfair tax rules in pensions.
A Hertfordshire-based recruitment agency and its managing director have been ordered to pay £10,890 after misleading The Pensions Regulator (TPR) over its workplace pension arrangements.