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.
Members of master trusts will see greater protection as new rules for an authorisation regime and capital adequacy have been signed into law.
The question of the state pension age will not be answered before the snap general election, the Department for Work and Pensions (DWP) has told PP.
Savers aged 20 need to put away £131 every month into a defined contribution (DC) pot to achieve a £26,000 annual income in retirement, Which? research has suggested.
Follows focus group and consumer research
Over one in eight of the working population are saving more into their pension pots as a direct result of the introduction of Freedom and Choice, Aegon has found.
Aegon's independence governance committee (IGC) has reported that upgrading to a new platform has reduced costs for some members and increased engagement.
As the government's review into AE kicks off, how should the policy progress post-staging? James Phillips explores the industry view