Nearly three-quarters of people want to know where their pension pot is invested, yet two in five Defined Contribution (DC) pension savers admit they know little or nothing about it. That’s according to a new report, Pensions with Purpose, commissioned by Big Society Capital and researched by ComRes.
The DC pensions revolution has been a great success for the Government and industry so far, with millions of new pension savers. However, there remains a real danger that we will fail to bring about the future retirement that savers are hoping for if individuals remain disconnected and disengaged from their pensions.
In the world of social enterprise and social investment, we talk a lot about social impact: how to capture it and put it into words. For me it’s very simple, I volunteer because I want to make a difference.
The start of the year is a good time to consider how to make use of your time with some volunteering, but with so many options out there, how can you make sure you are making a meaningful contribution and using your skills (whilst hopefully meeting some great people and having a good time)?
Big Society Capital is an independent financial institution with a social mission, set up to help charities and social enterprises find the right kind of repayable finance they need to do more of their fantastic work.
Today the latest report for the Big Lottery Fund’s Commissioning Better Outcomes (CBO) Fund Evaluation is published. The CBO Fund aims to support the development of more social impact bonds (SIBs) in England, and the evaluation is tracking the impact of these SIBs over their lifetime.