A quarter of employees (23%) would not be able to provide for their families if they were off sick for six months or more.
There are inconsistencies behind the behavioural assumptions underpinning auto-enrolment (AE) and the Budget flexibilities, according to a report.
A Labour peer has attacked the annuity market, claiming it "plays fast and loose" with the regulatory framework.
Employers and trustees must beef up their offerings to help support employees in the post-Budget environment, Pension Quality Mark chairman Adrian Boulding has warned.
The incoming charge for defined contribution (DC) default funds could lead to increased volatility, BlackRock has warned.
Jonathan Stapleton asks three leading DC scheme managers about the changes they are making to DC investment strategies in light of the pension flexibilities and charge cap which will come into force in April.
A growing volume of quotation requests triggered by ‘freedom and choice' reforms will be the top challenge for administrators in 2015 according to the Pensions Administration Standards Association (PASA).
More than 160 employers were issued fixed penalties of £400 last year after The Pensions Regulator (TPR) ramped up the use of its powers for auto-enrolment failures.
The Pension Regulator's (TPR) ‘second line of defence' for retirees will be extended to cover trust-based pension scheme members as well those in contract-based arrangements, peers have heard.
The government has abandoned the requirement for defined benefit (DB) members to take regulated advice before transferring a small pot into a defined contribution (DC) scheme.