Some 36% of employees do not know that they have been automatically enrolled into a workplace pension, data from the Office for National Statistics (ONS) has revealed.
Defined benefit (DB) schemes at the UK's 100 largest listed companies had a £3bn accounting surplus at the end of July, according to JLT Employee Benefits.
The trustees of the Universities Superannuation Scheme (USS) have proposed raising total contributions by 41% by April 2020.
The trustee board of the Plumbing and Mechanical Services (UK) Industry Pension Scheme has launched a consultation with sponsoring employers on closing the scheme to future accrual.
Women at the Pensions and Lifetime Savings Association (PLSA) earn 16% less on average than their male counterparts, according to its annual report and accounts.
The combined deficit of the UK's 5,588 private sector defined benefit (DB) schemes was £85.6bn at the end of June, according to the Pension Protection Fund (PPF).
More of the smallest defined benefit (DB) schemes are hedging inflation and interest rate risk using liability-driven investment (LDI) strategies thanks to more accessible and affordable solutions, XPS Pensions Group says.
Just £450 has been set aside for retirement by the average NEST member, according to latest research.
Pension transfers increased to a record £10.6bn in the first quarter of this year, Office for National Statistics data reveals.
The Professional Pensions Administration Survey 2018 reveals the rankings of the best third-party administrators and software providers for pension schemes.