DC & Auto-enrolmentRSS

Self-employed want help with long-term finances, study finds

An investigation into the saving habits of the self-employed has found that entrepreneurs want help to save for the long term, but are put off by the inflexibility and specific goal of pensions.

Can schemes save members from retirement age lottery?

Analysis: Workers risk missing out on optimum retirement savings by not supplying their workplace pension provider with an intended retirement age, experts warn. But in the age of inertia, what can be done?

Government must revise AE or ‘risk leaving a whole generation behind’

While automatic enrolment has added more than 10m employees to a workplace pension scheme since 2012, experts say it is still not enough to ensure adequate levels of saving towards retirement.

Industry cool on VC despite patient capital drive

The government has doubled down on its view that no change to the level of the charge cap is needed to encourage defined contribution schemes to access venture capital investments, but some experts doubt whether such high-risk investments are a fit for default funds in the first place.

Authorised master trust group swells to 33 providers

News On the Go

On the go: Two more master trusts have been authorised by the Pensions Regulator, bringing the total number of regulated providers to 33.

Cardano completes acquisition of Now Pensions

News On the Go

On the go: Pensions risk and investment management specialist Cardano has completed the acquisition of Now Pensions, an auto-enrolment provider serving over 30,000 businesses and 1.7 million pension savers.

Experian staff up contributions following education programme

Fotoware

Credit score provider Experian has rolled out a pensions education programme for its staff, leading to 29 per cent of employees increasing pension contributions and 70 per cent asking for further guidance.

Retirees emptying their pots at record rates

News On the Go

On the go: Retirees are withdrawing funds from their pension pots at unsustainable levels, according to the Financial Conduct Authority’s latest retirement data bulletin published today.   

Maps appoints 10 dashboard steering group members

News On the Go

On the go: The Money and Pensions Service has named 10 steering group members to represent consumers, fintech, financial services, and the pensions sector to drive forward delivery of the pensions dashboard.

Workplace DC ‘should favour venture capital despite risks’

News On the Go

On the go: Workplace savers may be missing out on opportunities for better returns if their pension schemes avoid venture capital, a report published on Wednesday has claimed.