WORKERS want choice when deciding who administers their personal account under a new National Pension Savings Scheme, claims the Association of British Insurers.
A survey of more than 2400 people by the body found the vast majority would prefer their account be handled by private sector professionals rather than a government-run system, with 80pc gunning for choice...
Standard Life has increased exposure to risk assets in three out of five funds in its Active Plus and Passive Plus workplace pension ranges.
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
Welplan Pensions has triggered its exit from the master trust market, with just a few days to go until The Pensions Regulator's (TPR) application deadline.