Reforms introducing auto-enrolment, employer duties and personal accounts will be staged in over a three year period from 2012, the department for work and pensions says.
The government is considering starting the personal accounts trustee corporation early in a bid to prepare for the 2012 reforms.
UK - Barratt Developments has posted a £7.1m (US$11.6m) gain in income as a result of closing its defined benefit scheme to current employees.
Widespread apathy towards private pension plans remains one of the biggest challenges facing the industry, research by Baring Asset Management reveals.
Investors are bringing retirement plans forward and buying annuities now to take advantage of the recent rally in equity markets, Hargreaves Lansdown says.
Barratt Developments has posted a £7.1m gain in income as a result of closing its defined benefit scheme to current employees.
UK - The government will fail to protect millions of Britons from poverty in old age unless it makes vital changes to the way in which it plans to introduce personal accounts, a Royal Society for the Encouragement of Arts, Manufactures and Commerce report...
Private pensions plan raises doubt; Pension 'quality mark' scheme introduced
eShare has launched an updated version of its scheme governance software.