occupational pensions

Advisers are being urged to keep charging structures on corporate pension schemes simple so employers and members can understand them.

The average worker saving into a defined contribution (DC) pension will be £10,000 a year worse off in retirement than those saving at the same rate in 2000, Alexander Forbes says.

A natural disaster, national outrage and a slanging match in Parliament between the FSA and MPs. Seven days is a long time in finance.

Towergate Financial has launched a ‘workplace pension in a box' product for small businesses in preparation for auto-enrolment.

Occupational pension scheme members have attacked the switch in indexing benefits to CPI inflation as a Treasury cost-saving exercise aimed at benefitting business over pensioners.

Fidelity does not currently see market demand for a full corporate wrap to incorporate wider workplace savings vehicles other than ISAs and SIPPs.

Employees miss out on an average of £1,272 every year because they fail to join company pension schemes, Standard Life says.

The government says it will increase the levy on bank profits to £2.5bn this year, to raise an extra £800m for the public purse.

Employee benefit consultancy Xafinity has slammed the DWP's review of regulation around trust-based pension schemes.

The National Employment Savings Trust has appointed State Street Global Advisors, UBS Global Asset Management and BlackRock to run five mandates for its default fund.