Only 15% know that pensioners get more out of a state pension than they pay in, study finds
The study by YouGov found that 43% of people believed that an average pensioner retiring today will get less from their state pension than they paid in.
12 care companies threaten to withdraw services in Leeds amid financial dispute
The care companies, which represent half the city’s providers, have written to Leeds City Council saying they will be forced to stop looking after their 1,500 service users unless the council stumps up more cash.
Pension participation booms under auto-enrolment but gaps remain
According to the DWP, the proportion of employees enrolled in a pension scheme has climbed from 53% in 2013–14 to 79% in 2023–24, an increase of 26%.
Fewer pensioners relying on income-related benefits, finds DWP
DWP's report showed that average weekly incomes for pensioners after housing costs have almost doubled over the past three decades.
The Pensions Regulator publishes Diversity Pay Gap report
The report showed TPR's mean and median gender pay gaps are below 10% and continue to compare favourably with the wider civil service.
Scottish Widows evolves default with the launch of Lifetime Investment
Lifetime Investment has a high exposure to equities in its growth phase and a shorter de-risking phase, leaving customers’ pension savings invested in higher-growth assets.
Howden to acquire Barnett Waddingham, expanding pensions and benefits reach
This acquisition will double Howden's global employee benefits workforce to around 4,000 and bring combined revenue close to £500m.
State pensioners in line for ‘above-inflation’ triple lock boost
Following the latest inflation announcement this morning, state pensioners are set to recieve an 'above-inflation' triple lock boost, according to Aegon.
Hymans Robertson appoints Richard Wellard as head of alternative risk transfer solutions
Wellard will lead the team to support trustees and sponsors that are considering newer risk transfer options including superfunds and capital backed solutions.
Spring Statement likely to impact savings and pensions, says Scottish Widows
Pete Glancy said: "We are less likely to see the statement used as a platform for new policy announcement beyond tweaks to the public finances."
90% of DC pension savers invest in productive assets, says TPR
According to TPR's latest survey, 57% of large DC schemes and 72% of DC master trusts incorporate productive assets into their portfolios.
Lack of pensions technology risks stifling engagement, new research finds
Bravura has released a new report entitled ‘Pensions 2045: The Voice of the Saver’ to examine how people are interacting with their pension and planning for retirement.
