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...
The roll-out of the government's Help to Save scheme could lead to a rise in automatic enrolment (AE) opt-out rates and have a much bigger impact than the Lifetime ISA (LISA), Aegon has warned.
Investment manager State Street Global Advisors (SSGA) has taken a minority stake in online pension consolidation business PensionBee
Defined benefit (DB) schemes have hit their best funding position since April 2014, according to the Pension Protection Fund (PPF).
Inflation rose to 3.1% in November, according to the Office for National Statistics (ONS), beating previous estimates that it would hold steady at 3%.