Nearly eight million people fear they will not have enough money to retire when they reach state pension age (SPA), Age UK research has revealed.
This week's top stories included the House of Lords amending the Financial Guidance and Claims Bill to introduce new requirements around cold calling.
Several changes made
Letter to FTSE All-Share members
The Department for Work and Pensions (DWP) has launched a consultation on the draft regulations for bulk defined contribution (DC) transfers without member consent.
Trust-based defined contribution (DC) schemes with between one and five members face the highest ongoing charges for investing their retirement pot, research has revealed.
Defined contribution (DC) occupational schemes will be forced to disclose to members costs and charges associated with investing their retirement pots, the government has announced.
Most respondents believe single policy board would save money and cultivate a holistic approach.
Average superannuation fees in Australia have risen by 19 basis points per annum following the implementation of latest rules over how such costs are calculated.
A quarter of businesses missed their auto-enrolment (AE) staging date with Aviva in the third quarter while more firms are leaving it until the last minute.