More than two thirds (70%) of Brits would like the government to introduce a compulsory contribution rate as a total percentage of their monthly salary to put into their defined contribution (DC) salary, a survey by BlackRock has found.
Auto-enrolment minimum contributions are set to increase to 8% in April 2019 but BlackRock warned this could create "a false sense of security" among workplace pension savers about how much they need to...
PARTNER INSIGHT: For many advisers, outsourcing to a multi-manager or discretionary fund manager makes sense, allowing them to focus on the adviser-client relationship
An added tier of asset management can of course deliver additional benefits for certain investors, writes Graham Bentley - just be sure you can justify it to the regulator and, especially, the client
The government is "in daily contact" with industry figures over the pensions dashboard as it prepares for the roll-out and its feasibility report, Guy Opperman has said.
Organisation led by Johnny Timpson
From 1 April 2019