Just 12% of private sector defined benefit (DB) schemes remain open to new members, according to the Pension Protection Fund (PPF).
Meanwhile, just 47% remain open to future accrual, the lifeboat fund's Purple Book 2017 revealed - three percentage points down from the 2016 and the steepest fall since 2013 when there was also a three...
The roll-out of the government's Help to Save scheme could lead to a rise in automatic enrolment (AE) opt-out rates and have a much bigger impact than the Lifetime ISA (LISA), Aegon has warned.
Investment manager State Street Global Advisors (SSGA) has taken a minority stake in online pension consolidation business PensionBee
Defined benefit (DB) schemes have hit their best funding position since April 2014, according to the Pension Protection Fund (PPF).
Inflation rose to 3.1% in November, according to the Office for National Statistics (ONS), beating previous estimates that it would hold steady at 3%.