A growing number of businesses are failing to enrol their workers in a company pension scheme on time according to figures from Aviva.
Aviva has called on the government to increase minimum auto-enrolment (AE) contributions to 12.5% by 2028 to ensure people build adequate pensions, as part of ten recommendations.
The number of small and medium employers missing their auto-enrolment (AE) staging date increased in the third quarter, according to data from Aviva.
This week's most read stories include TPR protecting members of a DB scheme accidentally converted to DC, and the FCA fining Aviva £8.2m for failing to protect client assets.
Complaints made to the Financial Conduct Authority (FCA) about decumulation, life and pensions have continued to fall.
Aviva Pension Trustees UK and Aviva Wrap UK have been fined £8,246,800 for failing to have adequate controls and oversight of its outsourced providers.
Independent Governance Committees (IGCs) have joined forces to better understand what value for money means for scheme members.
A pension dashboard prototype will be launched by March 2017. Jonathan Stapleton and Helen Morrissey find out what the project is all about.
The total funding level of the Pension Protection Fund (PPF) 7800 index has worsened for the fourth month in a row, after further gilt yield falls.
The government has announced a pensions dashboard will be launched by March next year. But, as Jonathan Stapleton says, the prototype version will have significant limitations and will need to overcome a range of hurdles.