Two in five UK adults aged 18 to 34 have stopped or reduced their pension contributions as a result of COVID-19, research by Royal London has uncovered.
The gap between what men and women receive through the state pension has narrowed significantly since changes were made to the system four years ago, new UK government figures have revealed.
The majority of UK adults believe that having easy access to savings is just as important as having funds to fall back on in the first place, following the COVID-19 outbreak.
A coalition of institutional investors with more than $16trn (£12trn) in assets under management has today launched the first-ever practical blueprint to help investors deliver net-zero emissions globally by 2050.
The combined accounting deficit of defined benefit (DB) pension schemes at the UK's 350 largest listed companies has increased by £13bn in one month, new data from Mercer shows.
Almost a fifth of UK adults aged 50 and over believe that the COVID-19 pandemic has disrupted their retirement plans, or may do, a new study by Co-op Insurance has uncovered.
The coronavirus pandemic could reduce the liabilities of define benefit (DB) pension schemes in the UK by up to £90bn, forecasts by the XPS Pensions Group suggest.
UK employers will be reimbursed for pension contributions this year under a new £2bn 'Kickstart' scheme unveiled in chancellor Rishi Sunak's summer economic update today.
A new campaign has been launched today to help transfer the UK's £3trn pension pot into sustainable investments by giving millions of savers more voice and choice in how their money is invested.
The Pensions Regulator is calling for “stringent” standards and a robust regulatory framework for defined benefit (DB) pension “superfunds” ahead of forthcoming legislation.
