We need to raise contribution rates
Recent Royal London research showed people may need to work until their 80s to secure decent retirement incomes. Helen Morrissey says contribution rates need to be raised sooner rather than later.
Auto-enrolment has been a great success in getting more people to start saving for their retirement. However, there are concerns that despite such great steps forward we are still doing nowhere near enough...
More on Defined Contribution
Latest stories
PTL bolsters Midlands presence with client director hire
PTL has appointed Karein Davie as a client director in its Birmingham office.
LDI activity rebounds in Q2 after subdued Q1; LIBOR to SONIA switching driving activity
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
Inflation sees first rise since November to 2.5%
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
Proportion of DB schemes targeting buyout trebles in past five years
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.