Nearly eight in ten employees have a workplace pension today compared to less than half of people when auto-enrolment (AE) was introduced in 2012, according to a report by the Office for National Statistics (ONS).
The Nortel Networks UK Pension Plan has agreed a further £105m buyout with Legal & General (L&G), topping up the benefits agreed in a prior deal.
Professional Pensions rounds up some of the latest tender awards from across the industry.
In this week's Pensions Buzz we want to know how positive you feel about the direction of pensions regulation.
The government should encourage people to save more into pensions after life stages such as when children leave home and after mortgages and student loans are paid off, the Institute for Fiscal Studies (IFS) says.
Millions of workers are set to face “life changing retirement shortfalls” as lower growth forecasts could wipe a third off pot values, according to Lane Clark & Peacock (LCP).
CACEIS has launched a carbon metrics reporting tool specifically designed to help UK pension schemes meet their upcoming disclosure obligations.
BlackRock has launched a private debt fund specifically designed for UK pension schemes to access a variety of global private debt market exposures via a single strategy.
Sarah Smart has been confirmed as chair of The Pensions Regulator (TPR) from 1 June, taking over permanently from Mark Boyle who stepped down at the end of his term earlier this year.
This week’s top stories included the FRC issuing a £65,000 penalty and severe reprimand against Richard Jones over previous advice to Guinness Peat Group, and news of Emma Douglas’ departure from LGIM.