All Adequacy articles
-
NewsWork and Pensions Committee to review auto-enrolment minimums
The parliamentary committee has launched an inquiry that will seek to inform the work of the Pensions Commission around low earners and pension saving.
-
NewsWomen nearing retirement have 46% less pension wealth than men, PPI finds
Gendered working patterns have the biggest impact on the divide, reducing the median pension wealth of women aged 55 to 59 by 39% relative to men.
-
OpinionProspect: Self-employed workers need more help to save for retirement
Steve Thomas, deputy general secretary of the trade union Prospect, says it is not enough just to encourage more saving among self-employed people – they need a sustainable, affordable way to do so.
-
NewsUncertainty grows over renting costs in retirement, research shows
A Royal London survey estimates that six million people don’t know how they will pay their rent or mortgage in retirement, as evidence mounts of the impending housing crisis for future pensioners.
-
OpinionCan the Pensions Commission address systematically unequal outcomes?
Ieuan Solanki, Vidett The debate over automatic enrolment reform highlights the difficulty of improving retirement outcomes for low earners. As fresh analysis from the Pensions Policy Institute makes clear, even widely supported changes involve trade-offs. Perhaps the bigger question is whether the pensions system is trying to ...
-
OpinionABI: Pension saving must keep pace with our changing society
Roberto Marrocco of the Association of British Insurers looks at the easy wins for the Pensions Commission and the harder questions it faces.
-
NewsSingle pensioners drive rise in retirement poverty, LCP finds
Pensioner poverty has risen steadily since 2012-13, driven largely by worsening outcomes among single retirees, with women making up two-thirds of single pensioners in poverty, according to LCP.
-
NewsSPP: Millions at risk of pension shortfall without joined-up housing policy approach
Declining homeownership rates and a sharp rise in lifelong renters mean many people will require an estimated £269,000 more in pension savings to cover rental costs, according to the Society of Pension Professionals.
-
NewsHow employers can bridge the pension confidence gap
More than four in 10 workplace pension members would turn to their employer for retirement support, as research finds communications are failing to build confidence or prompt action.
-
OpinionLong-term vision in a short-term world: Building a pension system that endures
Paul Sweeting, president of the Institute and Faculty of Actuaries, proposes three challenges for the Pensions Commission – and the wider retirement sector – to consider as the work to improve adequacy continues.
-
NewsHousing benefit does not support pension saving, PPI research finds
Every £1 of private pension income reduces housing benefit entitlement by 65p, the Pensions Policy Institute reports, leaving only 35p as an improvement to a person’s disposable income.
-
NewsNo one answer to low earners’ pension dilemma, says PPI
No single change to the auto-enrolment regime will protect all low earners, according to the Pensions Policy Institute, with the removal of the lower earnings limit posing short-term affordability issues for many.
-
FeaturesWhat the pensions industry wants from the Pensions Commission
Pensions Expert has collated a selection of views from senior representatives, each exploring what they would like to see from the final report when it is published next year.
-
OpinionCushon: Meeting the adequacy challenge in a changing DC world
Accumulating a pension pot and choosing how to draw it down should not be treated as two distinctly separate issues, according to Cushon policy and research director Steve Watson.
-
OpinionIFS: How to boost pension saving among the self-employed
Getting more self-employed people saving for retirement is a key focus for the pensions minister and the Pensions Commission. Laurence O’Brien of the Institute for Fiscal Studies explores how this could be done.
-
NewsCost of renting will wipe out auto-enrolment savings for future retirees, research warns
Future generations retiring with a minimum auto-enrolment pension will see their workplace savings wiped out by the cost of renting, according to research by Hymans Robertson.
-
OpinionIs an expanded collective DC framework the future of pensions?
Beth Brown and Sally MacCormick of Arc Pensions Law discuss the nuances of collective DC and how it could benefit members once the necessary legislation is in place.
-
NewsA blueprint for megafunds: How consolidation will shape the future of DC pensions
The drive towards “fewer, larger pension schemes” being driven by the Pension Schemes Act could boost individual pension pots by up to 20% if executed well, according to new research by WPI Economics and Standard Life.
-
OpinionDCIF: The Pensions Commission must have the courage of its convictions
Lindsay Nickerson, chair of the DC Investment Forum, argues that investment-related sections of the Pensions Commission’s interim report may go against some of its other aims and objectives.
-
NewsTorsten Bell on the growth of DC, improving adequacy, and tackling fraud
Addressing delegates at the Pensions Management Institute’s annual conference in London last week, Bell outlined five major trends affecting the pensions sector.