Around 30% more people are saving into a workplace pension after auto-enrolment (AE) helped reverse a downward spiral spanning almost 50 years.
The latest data from the Office for National Statistics (ONS) showed 8.1 million people were actively investing in an occupational scheme, up from 6.2 million in 1953. Although the proportion of savers...
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.