MEMBERS of defined contribution schemes face severe erosion of purchasing power because of high inflation, Aon Consulting warns.
Benefit solutions division principal Helen Dowsey said present individuals faced losing around one fifth of the purchasing power of their pension over the next five years – and potentially more if inflation...
Industry experts are calling on the government to act quickly on new pensions dashboard legislation. The DWP is looking at how to do it amid Brexit constraints, writes Kim Kaveh.
An interactive and hands-free technology that allows savers to track how much they have invested into their retirement pots has been launched by Smart Pension.
The Lighthouse Pensions Trust has recorded an 84% surge in the number of employers signed up to its auto-enrolment (AE) provision.
Melrose Industries's UK defined benefit (DB) schemes had a £5.5m combined deficit at the end of 2016, its annual results have revealed.