Aegon

Schemes should explore new ways of engaging with Generation Y to encourage them to achieve better retirement outcomes, writes Kim Kaveh

Just over 50% of 18-34 year olds are not actively encouraged to save into a pension by their employer, according to exclusive Aegon research.

There are increasing concerns retirees are not making informed decisions when choosing drawdown funds and could have high exposure to sequence risk, writes Stephanie Baxter.

The state pension age (SPA) could stick at 67 if the government redirects finances from boosted gross domestic product (GDP) arising from the advance of robots and artificial intelligence (AI).

Experts have called on the government to clarify the relationship between state pension age increases and the age from when individuals can flexibly access their pension pots.

Some 40% of millennials plan to increase their monthly pension contributions next year, according to Royal London's recent analysis.

A cut in higher-rate pension tax relief could be on the cards for the November Budget, according to Treasury insiders.

Over 80% of advisers expect an increasing number of transfer requests from defined benefit (DB) scheme members over the next year, according to a survey.

Around three quarters of eligible private sector employees saved into a workplace pension in at least three of the last four years, data from the Department for Work and Pensions (DWP) has shown.

Aegon has raised concerns about auto-enrolment (AE) after finding one in seven workers aged 55-65 are approaching retirement age without a private or workplace pension.