Almost 17 million people, just under half the working population of the UK, have never reviewed their pension plans, research from Baring Asset Management reveals.
The asset manager also said just one in five (21%) workers in Britain had reviewed their pension arrangements in the past year. A further 12% did not know when they last reviewed them. It said of those...
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives.
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.