Active membership of occupational pensions has increased by over two million but average contributions have halved says the Office for National Statistics (ONS).
According to its Occupational Pension Schemes Survey 2014, average contributions to defined contribution (DC) schemes which were 9.1% of earnings in 2013 fell to just 4.7%. Meanwhile active membership...
Newton Investment Management's series of DC columns continues with Gerald D Rehn of BNY Mellon forecasting innovation in the market
Pension Insurance Corporation (PIC) has agreed to a 30 year debt investment in Phoenix Community Housing, a not-for-profit, resident-led housing association in London.
Royal London has announced plans to allow customers with guaranteed annuity rates (GARs) to convert their guarantees into a top-up for their pension pot, subject to High Court approval.
The Salvus Master Trust will welcome another 1,200 members and 20 employers as it absorbs the £7m Complete Master Trust.