The government has launched consultations on overhauling the Retail Prices Index (RPI) methodology and addressing the net-pay anomaly.
No long-term decision has yet been made on who will run the pensions dashboard once it has been built, according to Pensions Dashboard Industry Delivery group principal Chris Curry.
The Work and Pensions Committee (WPC) has written to The Pensions Regulator (TPR) questioning its response to the collapse of Norton Motorcycles and the three pension schemes invested in the company.
The Pension Protection Fund’s (PPF) median gender pay gap stood at 13% as at 31 March 2019, down from 17% in 2018, and 20% the year prior, according to its annual pay gap report.
Smart Pension is set to take on all members and employers of the Welplan Pensions Master Trust, following its closure last year.
The Pension Insurance Corporation (PIC) boosted its financial investments last year by nearly £10bn to £40.9bn, up from £31.4bn the year prior, according to its full-year results.
The average age 40 to 54 year-old men and women expect to retire increased between 2006 and 2017 by more than two years, the Institute for Fiscal Studies (IFS) says.
The Work and Pensions Committee is due to question the senior leadership of the Money and Pensions Service (Maps) on the progress made in developing the pensions dashboard.
Aviva’s bulk purchase annuity volumes increased 55% to £4bn in the year to 31 December 2019 its full year results reveal.
Most pension professionals (58%) believe Retail Prices Index (RPI) reform should go further than simply switching to the housing-cost based Consumer Prices Index (CPIH), according to the Society of Pension Professionals (SPP).