Employers are saving up to £4.53bn a year in pension contributions as millions of employees withdraw from final salary schemes, MGM Advantage research reveals.
The retirement income firm said there are now some 2 million fewer people in defined benefit schemes than there were in 1995, as employers close schemes as part of cost saving measures. It estimated...
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.