Hot off the press! Our latest research for the Money Advice Service explored the links between levels of numeracy and financial literacy amongst adults. The review provided an analysis of relevant academic, government, commercial and ‘grey’ literature, and informed where new research was required by examining gaps in the current evidence base.Details
The government released another Breaking Blue research report yesterday, to a huge media storm. #exaggeration
The frenzy, in the finance press at least, happened because on the back of our research, the government will now force companies to disclose pension transaction costs or pay a £50,000 fine.
You’ll want to read our full report of course – which is here.Details
Almost no government research was published over the election period and summer recess, but now the logjam has finally been broken with a flurry of reports.
As City AM reported today, our latest research for DWP has shown that small and micro-employers are really embracing auto-enrolment.
We explored the experiences and views of 70 small and micro employers and their workers. And we also look at how employees might react to the government’s planned increases to the minimum contribution levels.
Read the full report here:Details
Check out our latest infographic to understand the impact of an ageing population on the Financial Services sector!Details
Few people would challenge the fact that consumers’ buying habits have changed enormously over recent years and when it comes to general insurance this is no exception. Long gone are the days when you would walk up your local high street to purchase your car or home insurance from an office-based broker.
Not only would that seem inconvenient these days – something most of us could only do on a Saturday – it somehow feels that you have less control over what options you are presented with and the ultimate cost.Details
Our latest report on Pension Charging reports on the charges paid by 9.4 million members of DC pensions across 106,000 schemes in the UK.
While most members of auto-enrolment pensions paid charges within the government’s new cap, 1.3 million members of older schemes were subject to charges higher than this. Click here to view report (pdf)
In December, Andrew Wood’s blog painted a grim picture of retirement 20 years in the future.
As 2016 dawns he looks at the decisions we can take now to avoid this.
Happy new year one and all.
I hope my Christmas blog didn’t depress you too much. It was based upon real evidence, including research studies we’ve done for the DWP, NEST, the Pensions and Lifetime Savings Association and others – albeit with some extrapolation, creative licence and Christmas beers thrown in.Details
This report provides the findings from a study commissioned by the Department for Work and Pensions (DWP), to evaluate employers’ and workers’ experiences of automatic enrolment. The research was designed to assess the effect of automatic enrolment on employers and their organisations. Click here to view report (pdf)
In this 2-part blog, Andrew Wood looks at the vital choices facing UK pension policy.
Part 1: what could happen if we take the wrong decisions… with the benefit of 20 years’ hindsight.
As Christmas 2035 approaches, we reflect on a year that’s seen pension providers go bust, millions facing retirement without the income and security they need, and most of the UK’s employees now refusing to save into a pension.
How did we get here? Before his resignation last week, Prime Minister Johnson blamed the crisis on the collapse in worldwide markets, but its roots in fact go back two decades.Details
In common with many research agencies, we’ve been doing our fair share of studies that deliver Net Promoter Score (NPS). I won’t bore you with the full details of what it is, but it’s an arguably neat way of presenting how likely customers are to recommend a brand – using a single figure.Details