Most companies are not taking enough action to tackle the significant pensions inertia within their workforce, according to a survey by LifeSight.
The poll of 100 firms by Willis Towers Watson's defined contribution (DC) master trust found most employees are remaining in the default funds or potentially missing out on matching employer contributions...
Members of the Pensions and Lifetime Savings Association (PLSA) have given a green light to changes to the trade body's constitution and articles of association.
The newly-appointed chairman of the Pensions and Lifetime Savings Association (PLSA) has pledged to "open up" the organisation in a bid to improve policy development.
The Department for Work and Pensions (DWP) has suggested its forthcoming white paper on defined benefit (DB) provision will only show the direction of travel on consolidation, rather give than a definitive answer.
A raft of consultations and draft regulations will greet the industry over the coming weeks and months, the pensions and financial inclusion minister confirms.