DC & Auto-enrolmentRSS

Millennials favour sustainable pension investments

News on the go

On the go: Six in 10 millennials (60 per cent) want their pension investments to be both environmentally and socially sustainable, research from Cushon has found.

Providers to book pensions guidance sessions from June

News on the go

On the go: Savers will be offered Pension Wise appointments if they want to access their defined contribution pensions from June 2022.

Straightforward messages more likely to engage savers than ESG

News on the go

On the go: Straightforward pension communications, rather than those discussing environmental, social and governance topics, are better at engaging savers who have never logged into their pension account, new research has found.

Govt to remove performance fees from DC charge cap

iStock

The Department for Work and Pensions has launched a consultation that will seek out policy proposals to exclude investment performance fees from the defined contribution charge cap.

Savers told how to report unpaid pension contributions

News on the go

On the go: Individuals with unpaid pension contributions can now consult a new factsheet launched by official entities to get a clearer understanding of what to do in these cases.

Nest Insight launches opt-out savings trial

News on the go

On the go: The research arm of the government-backed master trust Nest has launched an ‘opt-out’ payroll savings approach that aims to help employees build up an emergency fund.

TPR warns employers on re-enrolment duties

News on the go

On the go: The Pensions Regulator has said employers “have more to do” to meet their workplace pension duties, ensuring contributions are up to date and savers are re-enrolled into schemes.

DC consolidation and small pots limit can reduce value for money

Bloomberg

A combination of the flat fees charging ban on pots worth less than £100 and an increase in consolidation schemes could reduce members value for money, the Pensions Policy Institute has warned.

Regulatory burden prompts fears of trustee exodus

News on the go

On the go: Three-quarters of employers fear the trustees of their pension schemes will consider resigning rather than face an “onslaught” of regulatory and legislative change, according to a survey from the Association of Consulting Actuaries.

Raising the minimum pension age to 57: Trustee action list

Bloomberg

CPD: Norton Rose Fulbright partner Shane O’Reilly and senior knowledge lawyer Julia Chirnside detail the changes proposed by government to the normal minimum pension age, while urging trustees to start looking at the potential implications stemming from the new rules as soon as possible.