A third of people approaching retirement cannot even guess what their income will be, increasing to 40% when focusing on DC members, the Institute of Fiscal Studies says.
Super trust structures will not guarantee good savings outcomes for scheme members, Association of British Insurers director general Otto Thoresen says.
The Department for Work and Pensions has set out its proposals for the design of pensions minister Steve Webb's flagship defined ambition system.
Six in ten workers will either opt out of auto-enrolment (26%) or will not save more than 5% of their salary in a workplace pension (35%), Friends Life says.
Towers Watson has made two senior appointments to its defined contribution consulting team in the north of England and Scotland.
There is an urgent need for clarification on a loophole in auto-enrolment legislation about the definition of hybrid schemes, Lane Clark and Peacock says.
Corporate pension sales at Prudential have dipped to £148m for the first nine months of this year, its third-quarter results have shown.
In the latest Pensions Conjecture debate our panellists from Aegon, Alliance Bernstein, Hargreaves and Schroders dicussed DC Investment.
Rob Fisher examines how decision making works in the real world.