Workers could be forced to work until their mid-80s if they are to enjoy the same level of pension as their parents' generation according to Royal London.
The Death of Retirement report found that someone on double the average national wage contributing 8% would need to work until the age of 85 if they were to enjoy the ‘gold standard' of 67% of pre-retirement...
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.