MILLIONS of pounds a year are wasted on employee benefits packages because staff do not understand them, Oval Financial Services warns.
Its survey of 4180 workers found 75pc did not fully understand their benefits package. It also revealed that while 32pc of employees hoped to retire before 60, more than 60pc did not believe they were...
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.