First UK Bus has seen 15% of its auto-enrolled workforce opt out of its scheme since it began auto-enrolment in April.
The bus division of First Group enrolled around 9,500 of its workforce into its defined contribution (DC) offering in April and has received around 1,400 opt-outs so far. The company offers a defined...
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.