Research by Phoenix Group claims raising contributions to 12% could mean almost £96,000 more in the pension pot for an 18-year-old when they retire.
DC consolidation: A complex picture
With the government – and the opposition – set on consolidating defined contribution schemes, Pensions Expert explores some of the complicating factors that have yet to be addressed.
What we learned from the FCA’s retirement data
Pensions Expert delves into the numbers released by the regulator this week to explore what they say – and what they don’t – about the UK’s retirement landscape.
‘Capacity crunch’ risk as schemes failing to plan for dashboards
Less than half of pension schemes have a plan for connecting to the pension dashboard system, according to a poll from LCP.
Why consumer confidence could undermine pots for life
Research by Barnett Waddingham has shown consumers to be keen on the government’s pots for life concept – but a lack of confidence in decision-making could hamper its success.
LifeSight to back private equity LTAF launch
WTW is to launch a private equity-focused long-term assets fund with an initial investment from its LifeSight master trust.
Call for ban on cash incentives for pension switching
Pension providers should be banned from giving individuals cash incentives to switch to them, according to the People’s Partnership.
Enter your scheme for the Pensions Expert Innovation Awards
Pensions Expert’s inaugural Innovation Awards are now open for entries until 15 April.
Interview: First Actuarial’s Hilary Salt on her CDC ‘legacy’
Pensions industry veteran Hilary Salt played a pivotal role shaping the UK’s first collective defined contribution scheme, but regulatory hurdles continue to delay its opening.
Pot for life could threaten auto-enrolment success, warns ABI
Employer survey shows companies are concerned about the potential negative impact on staff pension outcomes.