Pensions have been seen as unfathomable for too long. George Currie says two initiatives currently underway may begin to change this perception.
For many savers, when a statement drops on their doormat labelled ‘pensions' the initial reaction is to put it in a drawer to tackle on another day. After all, pensions are too complicated to communicate...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).