Current lifestyle funds could lead to defined contribution scheme members losing as much as 20% of their pension pot at retirement, PwC says.
Pension schemes are expected to shift a further £20bn of liabilities to insurance companies and banks over the next 18 months, according to Hymans Robertson.
Michael Johnson has reignited calls for limiting pensions tax relief, saying the annual £29bn saved by the Treasury from tax relief could increase the state pension by 60%.
Schemes with high insolvency scores could see their insolvency probability increase by a factor of five under the Pension Protection Fund's new levy framework, a consultant says.
The Pensions Regulator has said it will run some form of hardship policy for employers who cannot afford to comply with employer duties.
UK - Standard Life's former managing director of corporate, Gerry O'Neill, has been suspended from his role at the firm.
Standard Life's former managing director of corporate, Gerry O'Neill, has been suspended from his role at the firm.
Fidelity has launched the CB Richard Ellis UK Property Fund on its defined contribution platform.
UK - The Pension Protection Fund will use scheme investment risk for the first time to calculate the levy from 2012/13, it announced today.