Defined benefit (DB) schemes will either have to be bought out by an insurer or enter the Pension Protection Fund (PPF), Paul Masterton MP has predicted.
The Pensions Regulator (TPR) will authorise and supervise defined contribution (DC) master trusts under a planned regime which will "strike the right balance" between member security and scheme burdens.
Around eight in ten savers between 50- and 64-years-old have underestimated their life expectancy, potentially leaving them with a shortfall in retirement.
The government needs to take "decisive action" and make provision for collective defined contribution (CDC) schemes, the shadow pensions minister has argued.
The six-year trend in falling life expectancy improvement rates has become "the new norm", according to 60% of scheme respondents to a Lane Clark and Peacock (LCP) survey.
Transport operator FirstGroup has consolidated its pension scheme assets within the Local Government Pension Scheme (LGPS) in what is believed to be the first move of its kind.
The bridging pension anomaly faced by the Pension Protection Fund (PPF) will be removed under plans unveiled by the Department for Work and Pensions (DWP).
The government has spent £13.25m on advertising for Pension Wise since 2014, with an additional £4.5m planned this tax year.
This week's top stories included 2020 Trustees being fined for failing to produce two chair's statements.
Policy pushes and the public's desire to own a home is resulting in a 15% reduced private pension income at retirement, research has suggested.