The government has brought forward regulations to mandate the largest schemes to assess and report on their climate change risk to investments.
Flat fees will be banned on pensions worth below £100 in a bid to end the erosion of small pots, the Department for Work and Pensions (DWP) has confirmed.
Investing in venture capital could help UK pension funds to tap up more growth opportunities and possibly deliver higher returns to their members, according to British Patient Capital (BPC).
Auto-enrolment (AE) provider Nest has urged the government to consider protecting unengaged savers in retirement a statutory obligation.
Some 1.7 million workers in their 50s are saving less for retirement due to the pandemic, latest research from Legal & General (L&G) reveals.
The rationale used to ultimately assess whether certain contribution notices can be issued needs further fine tuning, leading industry associations say.