Concerns have been raised about low defined contribution (DC) saving rates as the number of DC savers exceeds active defined benefit (DB) membership for the first time.
Research commissioned by Columbia Threadneedle Investments revealed the average contribution to a DC pension scheme was just 6% of gross salary. This level falls significantly short of the requirement...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).