Charlotte Moore looks at whether auto-escalation could be used to boost retirement savings
At a glance Inadequate pension savings can cause HR issues as people cannot afford to retire. Auto-escalation can harness inertia to increase contributions automatically. Contracts would need...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.