Pension providers berated over lack of product innovation
The majority of employers in the UK do not believe pension providers are doing enough to offer progressive products for the modern workforce, according to Smarterly.
A survey from the savings and investments platform provider released today (7 January) showed 87% of employers will look to review their pension provider in 2020. This follows 65% of responding employers...
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The Association of Consulting Actuaries (ACA) has welcomed the Pensions Climate Risk Industry Group (PCRIG) and the Department for Work and Pensions’ (DWP) guidance on climate risk.
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This week’s top stories included amendments to the Pension Schemes Bill being passed by the House of Lords, while The Pensions Regulator revealed its intentions to tighten expectations on the industry with the release of its 2020/21 corporate plan.
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Seven million people take pension action during lockdown
More than a third of savers have taken some form of action relating to their pension during the national lockdown, according to research by Aviva.
