Majority of employers say poor retirement savings, as a result of defined contribution schemes, will lead to an inability for them to take on younger employees and graduates, research from Hymans Robertson shows.
The consultancy's research, conducted among HR directors and managers earlier this year, found more than two-thirds of employers feel their workforce will be unable to retire at the state pension age because...
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.
The Defined Contribution Investment Forum (DCIF) has reappointed Vivek Roy as chairman for 2019 following a vote at its annual general meeting last November.