Employees miss out on an average of £1,272 every year because they fail to join company pension schemes, Standard Life says.
Of those employees currently members of their occupational pension scheme, 22% do not take up the maximum employer contribution matching level available. This could cost them £790 per year in missed contributions,...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.