The Pensions Regulator has begun auto-enrolment with a 24% opt out rate for newly enrolled members and an overall take up rate over 98%.
PP can reveal that on the regulator's staging date on 1 October there were 336 workers already in a workplace pension scheme, amounting to more than 90% of workers. The regulator's 21 eligible jobholders...
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.