Half of millennials were saving into a pension in 2016 but the overall total of their savings has dropped, according to analysis.
In the period between 2010 and 2012 just over a third (35%) of people aged 25 to 34 were contributing to a pension, which rose to over half (54%) by 2016, according to an analysis of Office for National...
This week's edition of Professional Pensions is out now.
Laytons partner Jennie Kreser speaks of her concerns over pension outcomes.
Guy Opperman has indicated his support for a fresh pensions commission as the government seeks to understand how to progress pensions policy in a wide range of areas.
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.