The value of assets in workplace defined contribution (DC) pension schemes is likely to surpass those of defined benefit (DB) by 2036 if auto-enrolment (AE) opt-outs remain low, research has found.
In its How will automatic enrolment affect pension saving report published today, the Pensions Policy Institute (PPI) said the value of private sector DC assets could be £495bn by 2030. As many as 15...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.