Defined contribution (DC) savers face lower costs and charges after providers made a concerted effort to reduce these to less than 1% over the past two years.
Around £24.9bn of assets under management (AuM) across 23 providers have seen cost cut to below 1% since 2015, with £4.9bn of this figure having reduced fees since last year. The reduced fees come after...
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%.