Average opt-out rates for 22- to 29-year old female members were 5% in December compared to 3% for men - a trend that accelerates across older groups, according to Now Pensions analysis conducted exclusively for PP.
The trustee of master trust Now Pensions has been fined and given a set of stringent deadlines to fix long-running pension scheme issues, The Pensions Regulator (TPR) announced today.
Now Pensions will increase monthly administration charges for lower earners when minimum auto-enrolment (AE) contributions go up next April.
Now Pensions has appointed Troy Clutterbuck as interim chief executive replacing Morten Nilsson from today.