A staggering 89% of scheme members do not know what charges they pay to their pension provider, while half do not even know they are paying fees, according to research.
Accountancy firm Moore Stephens has appointed Punter Southall Independent Trustees (PSIT) chair of its master trust, which is set to launch at the end of the year.
LCP has expanded its defined contribution (DC) team by appointing Caroline McGowan as a senior consultant.
Pensions Awareness Day, an annual campaign to bolster awareness about pensions run by Pensions Geeks has returned with a five-day tour of the UK.
A final draft of The Pensions Regulator's defined contribution (DC) code is due at the end of this month according to executive director of DC and public service pensions Andrew Warwick-Thompson.
The Financial Conduct Authority (FCA) will find poor practice and mis-selling when it delves into the non-advised annuity sales market, according to PP readers.
Providing a pension scheme without additional support and financial education is "becoming insufficient", Scottish Widows warns.
Freedom and choice will leave people poorer unless we harness the power inertia
PP research finds the industry bullish
Almost two thirds of companies have not changed their defined contribution (DC) default investment strategies to take account of the pension flexibilities, according to two surveys.