Around three quarters of eligible private sector employees saved into a workplace pension in at least three of the last four years, data from the Department for Work and Pensions (DWP) has shown.
However, this fell over 2016, despite the ongoing rollout of automatic enrolment (AE), leading to a "persistency" rate of 74% down one percentage point. Nevertheless, the number of private sector eligible...
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.