Group Personal Pensions

As more employers go through the re-enrolment process, it may be time to balance the pros and cons of GPPs and master trusts. James Phillips looks at the arguments

Group personal pension schemes negotiated by employers are significantly outperforming personal pension plans, even before differences in fees are taken into account, latest research reveals.

The proportion of employees saving into a workplace pension rose nine percentage points to 59% in 2014, according to the Office for National Statistics (ONS).

Schemes and trustees could be faced with conflicts when dealing with bankrupt members after the Raithatha v Williams verdict, lawyers warn.

Specsavers has appointed Capita Hartshead to help promote its group personal pension to its 18,000 employees.