News

Terry Faulkner has been elected chairman to the OPDU advisory council. He replaces Peter Murray who announced his retirement.

More than a quarter of employees do not know what the changes to workplace pensions mean for them with 56% saying they find the term "auto-enrolment" confusing, a study has found.

A third of employees think firms which offer a pension scheme should also offer access to full financial advice in the workplace, research from Scottish Widows suggests.

Equiniti has launched two new products, Compendia Self-Service and Compendia Mobile, to help pensioners track their pots online.

Members of the University and College Union (UCU) are voting on whether to take industrial action over proposals to change the Universities Superannuation Scheme (USS).

The candidate to be the EU's next financial services commissioner has been asked by MEPs to attend a second confirmation hearing, sparking rumours of a potential reshuffle.

Tax relief on pensions will be further restricted and a future government could consider the nationalisation of NEST and PPF assets, a panel of experts believes.

Pension schemes would struggle to attract member-nominated trustees (MNTs) if professional standards were introduced, industry figures say.

RPMI has appointed Karl Sternberg as a non-executive member of the board of its investment arm, Railpen Investments.

The Next Pension Scheme targets member engagement at the mature end of the retirement savings process, its independent chairman says.