Industry

Gregg McClymont has reiterated Labour's commitment to scrutinizing how the newly-liberated pensions system will work for savers after a leftist think-tank called on the party to scrap the cash option.

Yorkshire Water is already seeing the impact of the removal of the default retirement age on its older workers.

Broadstone has sold its wealth management arm in an effort to focus on its corporate benefits business.

The trustees of the £300m Baxi Group Pension Scheme have appointed Hymans Robertson as its scheme actuary and adviser.

The fallout for victims of pension scams will be greater than expected due to under reporting, according to the Pensions Advisory Service (TPAS).

Smaller employers are at risk of failing their auto-enrolment (AE) obligations as a fifth are unaware of their staging date, The Pensions Regulator (TPR) warns.

Employers are being warned that they could lose critical staff to early retirement if they do not help them prepare for the reduced pension saving allowances.

The expense of signposting members to the guidance guarantee could be over £100,000 a year for the largest schemes, the National Association of Pension Funds (NAPF) has warned.

Labour should reverse the pension freedoms announced in the Budget 2014 if it wins the general election in May, a leftist think-tank has said.

Trustees running schemes in England and Scotland no longer need to be concerned about EU cross-border requirements after the results of yesterday's referendum.