Scottish Life has branded the government's National Pension Savings Scheme a "con trick" with people thinking they will get more money in retirement.
Head of communications Alasdair Buchanan said auto-enrolment meant contributions from many people who would have received means-tested benefits would merely replace the income the state would have provided....
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).