DEFINED contribution scheme members could be losing up to £3600 a year by investing in default fund options, latest research by Fidelity International claims.
The pension provider’s research found that as many as 90pc of DC scheme members choose to invest their contributions in a default fund – a move that it said meant they could miss out on funds that had...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point