The number of women in the UK without any pension arrangements has almost doubled from 7% in 2017 to just over 13% in 2019, according to research from Aegon.
The Department for Work and Pensions (DWP) has launched a consultation setting out proposals for the adoption and launch of simpler annual benefit statements. Holly Roach reports
An individual who moves into self-employment after ten years work will miss out on an additional £115,300 in retirement funds after exiting their occupational pension scheme.
Simplified, one-page pension wake-up packs launched last week, but the industry does not agree that they will make much difference to members’ saving attitudes. Holly Roach reports
The Combined Nuclear Pension Plan (CNPP) has dropped Hymans Robertson as an investment adviser for its defined contribution (DC) master trust and appointed Redington as a replacement.
More than 40,000 companies were issued fines for failing to meet auto-enrolment (AE) obligations in 2018, The Pensions Regulator (TPR) has confirmed.
Aegon has launched personalised animated video summaries for its members, in a bid to boost engagement.
The lifetime allowance will rise to £1,073,000 from next April as inflation in the year to September stands at 1.7%.
Some 42% of pension savers think their funds will fall in value as a result of Brexit, with younger savers showing the most concern, according to Aegon.
Legal and General (L&G) Retail Retirement has agreed an introducer agreement within its retirement income division to provide annuities to Prudential customers with guaranteed rates.
Aegon has incorporated ESG into its £19bn TargetPlan defined contribution (DC) default fund for its master trust and group personal pension plan.
Experts have called on the industry to personalise pension communications and expand auto-enrolment (AE) to all workers ahead of the fifth Pension Awareness Day on Sunday.
Long-serving Aegon UK chief executive (CEO) Adrian Grace will be replaced by Mike Holliday-Williams on 1 October.
Retirement confidence is on the rise, with more than half of savers yet to retire feeling they will be able to do so comfortably, according to research by Aegon.
Boris Johnson's mooted income tax reforms would create a double-edged sword whereby income tax winners would become pension tax relief losers, according to research by Aegon.
Aegon's master trust now manages over £1bn in savers' assets as its overall European life business continues to grow.
The Living Wage Foundation has launched a campaign to tackle work insecurity after research found one in six workers are in low-paid, unstable work.
A parliamentary group has been set up to introduce a national strategy which focuses on the benefits of longevity, rather than the "problems" of an ageing UK population.
Guy Opperman is the second-longest serving dedicated junior pensions minister, overtaking Labour's Malcolm Wicks.
Members of occupational pension schemes claimed £4.3bn in pensions tax relief in 2017/18, as total relief climbed £1.1bn.
A fourth round of IGC reports has emerged and they are looking quite different to last year following regulatory change. Kim Kaveh looks at the key findings.
Aegon's independent governance committee (IGC) has said that overall, it has had "no specific cause for concern" over transaction cost reporting.
The Carey Workplace Pension Trust has applied for master trust authorisation and consolidated two other schemes, PP can reveal.
The Atlas Master Trust has applied for authorisation to The Pensions Regulator (TPR), taking the total number of applications to 24 as the end of March deadline looms.