Sending all statements together will lead to call centre problems, says Kevin Martin
The provider said members on its charging structure could receive £34.5m in five years
20th century policy could lead to massive demands on pension providers, says Phil Brown
An “intrinsically biased” pension system, the gender pay gap, and the disadvantage caused to women’s savings by career breaks is continuing to cause “stark gender disparity” in retirement wealth, Barnett Waddingham says.
Three-quarters of pension scheme members want guidance before drawing down on their pension pot, according to a survey from The People’s Pension.
Hurdles remain before dashboard implementation, writes Holly Roach.
The Pensions Management Institute (PMI) has launched an expanded mentoring and development programme, following a successful pilot project.
Older savers are at risk of running out of their defined contribution (DC) pension savings with a third of their retirement still ahead, according to research by The People’s Pension and State Street Global Advisors.
Tim Gosling says the small pots working group’s report is a reasonable first step that recognises diverse views to come up with a way forward.
Pension savers have held off from making changes to their pensions despite nearly half having been impacted by the pandemic, research finds.