The number of eligible employees saving into a workplace pension rose by one percentage point to 88% between 2018 and 2019, Department for Work and Pensions (DWP) statistics show.
More than 4,500 pension scheme members breached the lifetime allowance in the 2017/18 tax year, an increase of 36% from the year before, according to HM Revenue and Customs (HMRC).
The Financial Conduct Authority (FCA) is proposing to expand the remit of independent governance committees (IGCs) to help "protect consumers from unsuitable investments".
The proportion of pensioner income comprised of occupational pension payments fell over the 2017/18 financial year, government statistics reveal.
For those that don't know, this week is Pension Awareness Week. But, while we are all working hard to improve engagement among members, what are the key metrics of success? Here are seven measures to consider…
Over 50% of workplace pension savers have already increased their contributions above the minimum rate set by their employer or auto-enrolment (AE), Hargreaves Lansdown research has found.
The Work and Pensions Committee has called for the government to introduce an auto-drawdown option while allowing NEST to offer decumulation products, James Phillips reports
Nearly three-quarters of workers were saving into a workplace pension scheme as of April last year, data from the Office for National Statistics (ONS) shows.
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.