In 2004, Shlomo Benartzi and Richard Thaler came up with the brilliantly simple idea of Save More Tomorrow, or SMART, plans that used behavioural traits to increase retirement savings.
It did this using automatic deferred salary sacrifice – meaning individuals agree to use a certain proportion of any future pay increases to boost their pension contribution rate. In one firm that had...
Unison has passed a motion that says it will seek to divest the Local Government Pension Scheme (LGPS) from fossil fuels over the next five years.
Existing methods of tracking fund performance are not suitable for environmental, social and governance (ESG) issues, First State Investments has said.
This week's top stories were a ransomware attack on TPR, and the new pensions minister being urged to tackle outstanding policy issues.
The hung parliament means planned measures to mitigate scams will be kicked down the road, the industry has told PP.