The proportion of employees saving into a workplace pension rose nine percentage points to 59% in 2014, according to the Office for National Statistics (ONS).
However, a breakdown of the figures showed the majority of this was driven by the public sector where 87% of workers were in a scheme, compared to 49% of private sector employees. The data showed 49%...
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MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.