The Pension Protection Fund’s (PPF) median gender pay gap had risen to 15.71% as at 31 March 2020, up from 13% the year prior, according to its latest pay gap report.
The lifeboat fund's Diversity Pay Gap Report - which this year included data on the ethnicity pay gap alongside the gender pay gap - also revealed its mean gender pay gap had increased by 2.45% to 25%...
Professional Pensions asked its readers to describe the current state of the pensions industry in one word this week, eliciting a mix of predominantly gloomy adjectives.
Pension schemes are increasingly seeking to provide additional support to members at retirement through online modellers and regulated financial advice, Aon says.
This week’s top stories included more details of PensionBee’s initial public offering and Just Group’s criticism of the effects of freezing the money purchase annual allowance.
ITM has acquired the products and assets of Profund Solutions from Mercer.