Providers should be forced to deliver the guidance guarantee if they are to do the right thing by their customers says Fidelity's head of retirement insight Alan Higham.
Nearly half (43%) of employers are looking more favourably on defined contribution (DC) plans, according to Towers Watson's post-Budget DC Pension Strategy survey.
Trustees will have to get used to taking more responsibility for retired members
Sacha Dhamani says Steve Webb is wrong to claim people with low life expectancy get a bad deal from annuities
Nastasha Browne says older people should be recognised for their contributions
Small schemes only meet half of The Pensions Regulator's (TPR) defined contribution (DC) quality features on average, research shows.
As many as ten million pension savers will increase their contributions to take advantage of greater at-retirement flexibility announced in the Budget, according to research.
The Pensions Regulator (TPR) is set to ask DC trustees to wind-up schemes or transfer members in a bid to improve standards in smaller plans.
Workers could lose out as a result of the changes announced in the Budget if they lead to less pooling of longevity risk, warns shadow pensions minister Gregg McClymont.
The industry has questioned whether the charge cap on auto-enrolment (AE) default funds is good for scheme members.