Women's contributions to occupational schemes fell 5% in real terms over the last 12 months, despite average contributions rising in line with inflation.
The finding comes from the inaugural Friends Life Workplace Savings Index, which revealed women's average contributions were £200 a month - 38% lower than men's average of £324. Average contributions...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.