Increased financial education and guidance in the workplace is essential if the savings gap is to be addressed, Scottish Widows says.
The life and pension firm said bosses need to take a new approach to workplace savings and use the 2012 auto-enrolment reforms as a trigger to increase staff engagement. Speaking at an adviser conference...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.