A weakened economy following the vote to leave the EU means savers will have to put as much as 22% of their wages into pensions.
Factors such as low interest rates, low returns on assets, and low gilt yields mean pension pots will have a slower growth before retirement. According to Hymans Robertson, prior to Brexit savers needed...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.