DC

The majority of defined contribution (DC) pension savers, 75 percent, want their pension to automatically pay an income when they reach retirement. The finding was revealed in a paper...

Independent financial services consultancy Quantum Advisory has promoted Darren Wateridge to principal consultant in London. Wateridge joined the company in 2013 as a senior consultant and actuary with more than...

Pension and incentive services provider Zedra has boosted its governance team by creating a new client relationship director role. Appointee Nicola Parnham, who joined Zedra in 2018 to build...

Women on average hold £100,000 less in financial assets than men, according to a study that examined gender wealth disparities in the UK. The research by, Handelsbanken Wealth and...

  Chancellor Jeremy Hunt confirmed there will be greater scrutiny of the performance of defined contribution pension funds in his 2024 Spring Budget speech today. He told MPs in...

Poorly performing defined contribution pension funds will be blocked from taking on new business from employers, chancellor Jeremy Hunt has announced. The changes are part of a package of...

Aon’s UK DC tracker has revealed that projected retirement incomes from DC pensions rose over the third quarter of the year, with middle-aged savers seeing the biggest potential gains. However...

More people than ever are reliant on their workplace pension for a favourable retirement outcome. The introduction of automatic enrolment in 2012 has transformed the pension savings landscape in...

This year, Nest's average monthly contributions have reached £543 million for its members’ pensions, reflecting a major increase from last year’s £477m. Nest manages £29.6 bn for 12 million...

The UK’s retirement income system has ranted tenth in a global index comparing 47 countries globally. The Mercer CFA Institute Global Pension Index 2023 revealed Netherlands topped the list,...