Almost eight million people are now saving into a workplace pension through automatic enrolment (AE), according to the Department for Work and Pensions (DWP).
In a post on Twitter, the DWP announced the release of new figures, which mean close to 1,000,000 individuals have been auto-enrolled since December 2016. Royal London director of policy and former...
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.