Bad administration processes can lead to contributions being calculated inaccurately and put in the wrong funds. Michael Klimes explores the pitfalls and how to avoid them
A defined contribution (DC) scheme member hopes that after decades of saving they will have a large enough pot to retire on. This is determined by solid contributions, appropriate fund strategy and investment...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.