Workplace savings

Research has found that 18 percent of employers fail to encourage workers to use their employee benefits. These employers leave it to employees to initiate the use of benefits...

Almost one in five (19 percent) employees do not know how much they or their employer are paying into their pension, a survey has found. This lack of awareness...

Standard Life has appointed Alexa Mitterhuber to its defined benefit pension (DB) de-risking team as director of DB solutions.  DB pension plans promise employees a specific retirement income, often...

Employers may be required to name a dedicated executive that is responsible for staff retirement outcomes, a treasury consultation has said. The government has raised concerns that workplace pensions...

Pension providers Aegon UK and Natwest Cushon are backing the government’s British Growth Partnership (BGP) to give workplace savers access to innovative investment opportunities that could boost pension pots....

The treasury has unveiled plans to boost pension pots for savers and potentially unlock billions in investment by dramatically reshaping the UK’s pensions landscape. Under the reforms, “pension megafunds”...

Women retire with £100,000 less than men, on average, while two fifths of women (42 percent) are currently on track to face poverty in retirement compared to just over...

Rules that will govern how pensions dashboards are run have been published by the Financial Conduct Authority (FCA). The rules, which apply specifically to firms operating commercial pensions dashboards,...

A private medical insurer (PMI) might be expected to answer employee calls for health benefits by giving staff access to its own brand of PMI, however, Rebecca Pearson, general...

The environmental, social and governance (ESG) credentials of benefits providers have become increasingly important to employers, according to Grid.  The industry body said that this is impacting decisions when...