Differences in the performance of the biggest defined contribution default fund mean some members could miss out on more than £500,000 of retirement income, warns JLT Employee Benefits.
Research from the consultant revealed that returns in the top ten funds over the last three years have varied from 3.5% to 9.5% a year. If these figures were repeated over a working life, JLT said a...
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.