Aegon has called for the introduction of triggers for automatically increasing pension savings to tackle the issue of people not contributing enough.
Its 2016 Retirement Readiness Survey said increases could be made automatically at pre-determined times and on certain conditions such as pay raises, or upon attaining a certain age. Savings increases...
Environmental, social and governance (ESG) issues could be the key to greater engagement with members if the power of investments is communicated well, says Emma Douglas.
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.