News

The pensions industry must personalise interventions and auto-enrolment (AE) conversations to prevent members from squandering their pots at retirement age, according to industry experts.

Data definitions, better stewardship, and increased education are central recommendations for overcoming the barriers to climate-aware investing, the Pensions and Lifetime Savings Association (PLSA) says.

Here they are - the winners of the Workplace Savings and Benefits Awards 2020...

Legal & General Investment Management (LGIM) has incorporated ESG considerations as well as its climate impact pledge into the default funds for the 3.3 million members in its master trust and contract-based schemes.

Two in five UK defined benefit (DB) schemes expect to complete a bulk annuity or longevity swap transaction within the next three years, Willis Towers Watson research finds.

A second pensions bill is likely during the “life of this parliament”, according to pensions and financial inclusion minister Guy Opperman.

A “legitimate debate and discussion” is needed over future auto-enrolment (AE) contribution rates, says Guy Opperman, and that could take place next year.

RPMI Railpen has funded part of the £84.4m in new capital raised by biotech company Oxford Nanopore Technologies.

The pensions industry “can’t compete” with the “ingenuity” of scammers until industry jargon is removed and communications are simplified, according to industry experts.

Schemes and their administrators have rightly received much praise for ensuring that pensions have continued to be paid in full and on time during an unprecedented period of disruption.