Workplace scheme providers’ lack of “new and progressive products” is to blame for continued low engagement with pensions despite the success of auto-enrolment (AE), according to Cushon.
Research today (16 July) from the savings and investments platform - formerly known as Smarterly - found AE provision has not resolved low pensions engagement rates with two thirds of eligible Britons...
The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.
The pensions industry must personalise interventions and auto-enrolment (AE) conversations to prevent members from squandering their pots at retirement age, according to industry experts.
Legal & General Investment Management (LGIM) has incorporated ESG considerations as well as its climate impact pledge into the default funds for the 3.3 million members in its master trust and contract-based schemes.
As TPR prepares to kick off its first master trust supervisory cycle, Kate Smith explores how the market has changed and may continue to
Nest Insight has outlined a series of different options on how its planned hybrid savings tool could be implemented successfully by employers.