Most companies are not taking enough action to tackle the significant pensions inertia within their workforce, according to a survey by LifeSight.
AE staging dates are spread across seven years, but small businesses will have very little time to prepare for rate increases. James Phillips reports
Capital adequacy for master trusts should be set at a minimum of £2m to ensure a robust and innovative market according to Now Pensions.
Willis Tower Watson's (WTW) master trust LifeSight has appointed Jo Kite as UK managing director after Fiona Matthews was promoted to global head.
Almost a fifth of schemes have not reviewed their default investment strategy in light of freedom and choice according to Lifesight, the master trust owned by Willis Towers Watson.
Changes to defined contribution scheme (DC) governance over the last five years have not improved member outcomes, according to 61% of pension managers and trustees in a survey.