Two thirds of people are receiving employer contributions of less than 4% according to the Office for National Statistics (ONS).
In its report, Active members of occupational pensions-employer contribution rates, the ONS showed while there was more pension coverage through auto-enrolment (AE), contribution rates were still low....
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).