15m workers not ‘sufficiently’ saving for retirement, says top pensions chief Investing Tens of millions of working people will face a crisis in retirement with the current automatic salary contribution “no longer sufficient,” the boss of one of the UK’s largest pension providers has warned. Around 15 million people are set to suffer in retirement as workers use their automatic eight per cent auto-enrolment pension contribution as [...]
Inside the fintech industry’s pensions gambit Fintech The fintech industry are on the offensive and in this week’s column Samuel Norman gives an insight into the sector’s lobbying calls for pension fund allocation. London has found itself brought to a halt this week. One may have thought the Tube strikes would bring Square Mile to a standstill, too. But the lack of [...]
The £37bn public sector pension opportunity Opinion Unfunded public sector pensions amount to a £1,4 trillion liability to the taxpayer. there is a better way, says Ben Sweetman The UK’s public finances are under acute pressure. The government faces difficult choices, made tougher by our lack of growth. One of the largest components of the public sector’s future spending commitments is unfunded [...]
