DC & Auto-enrolmentRSS

Has the industry kept its promise on at-retirement innovation?

Analysis: When the Department for Work and Pensions allowed the industry to block mastertrust Nest from entering the drawdown market in 2017, it did so with a proviso: the industry had to drive innovation itself.

Chatbots, GDPR and scams: Is admin in for a sea change?

Technological advances could mean pensions administration is about to become a lot sexier, but while cyber security evolves humans still need education if the industry is to protect pensions data and money.

RSA calls for pensions tax reform to boost saving for self-employed

The Royal Society of Arts has published wide-ranging recommendations seeking to tackle the four key barriers to saving for the self-employed, underpinned by a call to introduce a flat rate of tax relief on pensions contributions.

Savers misjudge lifespans, as experts call for comms overhaul

Savers are underestimating their life expectancy, with ‘survival pessimism’ potentially driving the unpopularity of annuities, according to a new report.

UK could profit from Australia’s missed default opportunity

A default drawdown proposition rejected by the Australian government could offer “freedom from the pension freedoms” for unengaged savers who cannot afford advice at retirement, it has been claimed.

Retirement defaults would strengthen UK system, experts say

UK pension commentators often point to the Netherlands as an example of a country with a good pensions system, but the UK’s introduction of freedom and choice has also attracted interest from Dutch pension experts.

Pearson follows pack in targeting drawdown for DC defaults

The Pearson Pension Plan is introducing two new lifestyle options for its defined contribution members as they approach retirement, responding to a perceived demand for greater flexibility.

Has auto-enrolment come of age?

Auto-enrolled savers are receiving – and making – their first contribution increases since the policy was introduced, but what should happen next in what many view as a success story?

Default drawdown tops select committee's at-retirement wishlist

Providers of drawdown products should be required to develop charge-capped default products to help disengaged savers make their pension last, the Work and Pensions Committee has recommended.

The People's Pension absorbs Your Workplace Pension

The People's Pension has become the first mastertrust to publicise the acquisition of another mastertrust, as a new regime – under which mastertrusts must be authorised by the Pensions Regulator – is set to lead to further market consolidation this year.

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