Employer contributions to funded workplace pensions have risen by £16bn in just two years, as employee contributions plummeted by £3.5bn over the same period, figures show.
Numbers from the Office for National Statistics, published today, show an increase in employer contributions from £40.8bn in 2008 up to £56.8bn today. This compares to a fall in employee contributions...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).