Just two FTSE100 firms plan to use NEST as their default pension arrangement for new starters post-2012, research from Towers Watson reveals.
The consultant said many of the country's biggest firms would use their existing arrangements to meet auto-enrolment duties, making changes to these schemes where necessary. Some 41% already auto-enrol...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.