All Defined contribution articles – Page 16
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NewsStandard Life gearing up to launch UK’s first commercial pensions dashboard
Dashboard will help four million customers find their known and forgotten pension pots.
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OpinionThe opportunities of identity management
Pension Tracing Day this month is the right time to look again at identity management, writes Zoe Horsfield.
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NewsPension savers urged to track down missing £26bn
The pensions industry is hoping the second annual Pay Your Pension Some Attention, #Pensionattention, campaign will encourage people to track down lost pensions and save more into the ones they have.
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NewsAuto enrolment will be extended to younger workers as bill is granted Royal Assent
A private members bill which will mean that workers under the age of 22 are automatically enrolled into a pension, has passed its third reading in the House of Lords.
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NewsBBC appeals against High Court ruling
The BBC confirmed there will be no reduction to any pension benefits already built up and nothing will change before the second half of 2024.
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NewsPhoenix Group rakes in £3.2bn BPA business during H1 2023
The owner of Standard Life saw its BPA premiums grow year-on-year from £1.6bn during the first half of last year.
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NewsSavers shrug off cost-of-living crisis to increase 'later-life' savings pots
More people are saving for their retirement, with holidays now further down the list, according to Nottingham Building Society and the DC Investment Forum (DCIF).
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NewsSolution to both small pots issue and pension dashboard 'desperately needed'
With many over-55s having no idea what their pension is worth, and many lacking clear financial strategies for their retirement, the need for solutions is more desperate than ever, two pieces of research have revealed.
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OpinionThe pensions industry must re-think climate change scenarios
What’s keeping pension scheme CIOs awake at night? We’re currently recording a new series of the DCIF’s podcast, and we’ve posed this question to each CIO we’ve interviewed.
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NewsPensions Awareness Week: More must be done to make saving for later life relevant
Ten years after it launched Pensions Awareness has helped increase the profile of schemes, but seven days is not enough to help the UK plug its retirement savings gap.
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NewsTriple lock: UK earnings surge will push state pension payments up by £900 a year
Average earnings data published by the Office for National Statistics (ONS) for May to July 2023 showed earnings growth of 8.5 per cent, a figure that will be used to set the state pension increase under the triple lock rule.
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NewsNine out of 10 UK workers have an unclaimed workplace pension, new research warns
Importance of keeping up-to-date with pension pots is highlighted as part of Pension Awareness week.
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NewsThe great ‘unretirement’ gathers pace
Data from the Office for National Statistics (ONS) showed the employment rate is 71.3 per cent for 50 to 64-year-olds compared to 72.5 per cent in 2019.
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OpinionPensions Expert webinar: How can DC schemes support savers?
We look at how DC plans and employers can support scheme members; the different options available and how they can be used in the most effective manner.
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NewsDecumulation call for evidence: Communication is key if scheme members are to be more informed
Industry says DWP call for evidence to help savers make informed decisions was overdue but more work is needed to communicate any enhanced options to members.
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NewsFears over DWP’s plans for central registry to end proliferation of deferred small pots
The PMI and ACA are among industry bodies urging the government to consider a clearing house system.
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OpinionTime to get pumped about pensions
The week to get pumped for pensions is nearly here. Pensions Awareness week is an opportunity to get scheme members excited about their savings.
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NewsCyber attack is a risk like any other – so manage it
In March, Capita suffered a cyber breach at the hands of the Black Basta ransomware group. Around 90 organisations, including pension schemes such as the USS and Axa, have reported personal information breaches.
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NewsStop blaming victims for pension scams and fix the system to expose them
Pensions scams are being woefully underreported because the reporting structure is not fit for purpose, according to Margaret Snowdon, chair of the Pension Scam Industry Group (PSIG).
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NewsThe power of inertia now threatens the future of pension saving
Levels of trust in pensions and the companies that provide them are at a worrying low, according to analysis of the Financial Conduct Authority’s (FCA)Financial Lives Survey from consultancy Broadstone.