Pension design

UK launches new pension scheme to boost retirement options

The UK government has unveiled a new pension scheme to provide workers with more options for their retirement funds.

Muslim workers in the UK face pension gap of £11.5 billion

Muslim employees face a pension gap of up to £11.5 billion, according to research from pension firm Penfold.

UK minister for pensions promises reform

Minister for pensions and financial inclusion Guy Opperman has pledged to launch two consultations on the future of pensions in the UK.

Employees in favour of taking early pensions

A day after the government closed its call for evidence around state pension age changes, new research reveals a significant proportion of workers support the idea of being able to access their state...

Auto-enrolment of pensions benefits millions but it’s not enough for retirement

Yesterday (5 January) Conservative MP Richard Holden put forward a Private Member’s Bill to extend pensions auto-enrolment to 18-year-olds and those in part-time or low-paid work.

Sustainability or value? Navigating the pensions maze

While many have a preference for trustee-based pension schemes, the cost of running an own-trust scheme has sky-rocketed in recent years, leading to the growth of master trusts, but they are not...

Employers should rethink DC pension scheme design

Employers should re-evaluate their approach to default design for DC pension schemes, to ensure that they are helping members retire comfortably, according to BlackRock