The level of employer support for defined benefit (DB) pension schemes at FTSE 350 firms hit a three-year low as a result of COVID-19, before rebounding as lockdown restrictions were eased in the summer.
UK savers have more than £290bn held in dormant pension pots where no contributions or withdrawals are being made, which is over double the figure recorded when auto-enrolment was introduced.
UK women are nearly half as likely as their male counterparts to know that they are entitled to free and impartial pension advice, research by Just Group has uncovered.
Investors with over $9trn (£6.8trn) in assets under management have called on Europe's largest companies to reflect the implications of delivering the Paris Agreement in their financial statements.
Pension schemes, insurance companies, asset managers and banks will all be forced to disclose their financial exposure to climate change by 2025 under new rules unveiled by the UK chancellor Rishi Sunak yesterday.
More than half of defined contribution (DC) pension savers in the UK do not believe they are on track to live the kind of lifestyle they want in retirement, a survey by BlackRock has uncovered.
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies rose by £2bn over the last month as markets prepared for a second wave of coronavirus.
UK pension funds endured faltering returns in the third quarter of this year, despite recording their strongest quarterly performance in a decade over the previous three months.
The Netherlands has topped a global ranking of pension systems covering almost two-thirds of the world’s population, with the UK languishing in fifteenth place.
