News

Just a minority of Nest members opted out of their pensions in the immediate aftermath of the second phased auto-enrolment (AE) contribution increase, the master trust reveals.

Workplace pension schemes are now providing 30 pence in every pound of retirement income, up from 24 pence in 2008/09, according to Equiniti.

Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the May 2020 estimates on the various measures…

Guy Opperman and Charles Counsell have been confirmed as two of the keynote speakers at PP Live, which will be held virtually on 13-15 July.

The University of Bristol Group Personal Pension Plan (UBGPPP) has appointed Aviva Life and Pensions to oversee group life assurance and group income protection for its members.

NHS Pension Scheme members will be given an extra three months to make use of the voluntary scheme pays facility due to the increased pressures arising from the Covid-19 pandemic.

The number of people turning 55 and becoming eligible to use the pension freedoms will hit a peak of 941,000 this year, according to Aegon.

A total of £5.1m worth of losses to fraud have been reported across the UK since February, according to ActionFraud.

Professional trustees claiming to have “provisional” trustee accreditation are creating confusion in the market and are undermining the whole process, the Pensions Management Institute (PMI) has warned.

This week’s top stories included Barnett Waddingham announcing nine new partner promotions, while three accounting bodies came together to publish Covid-19 guidance for the compilation of pension scheme accounts.