There is every indication that the State Pension Age, currently planned to reach 68 by 2046, will now rise further and faster.
Panellists discuss the proposed amendments to default retirement age and state pension age, and look at how DC schemes will deal with these changes
UK - The Department for Work and Pensions' proposal to abolish transfers of contracted out rights from DB schemes could see the end of the enhanced transfer value market, industry experts say.
Each month DC World asks readers for their views. This month we ask: Are corporate wrap platforms the solution to successfully encourage employees to engage with their savings?
The Pension Protection Fund has unveiled details of a long-term funding strategy to be financially self-sufficient by 2030.
US - The Missouri State Employees' Retirement System (MOSERS) returned 14.3% for the year ended June 30 with returns driven in part by strong performance in emerging markets.
Linking pension payouts to the CPI instead of the RPI will force pensioners to raid their savings and investments, Schroders Investment Management claims.
The Life and Longevity Markets Association has unveiled proposals for a standardised framework for longevity indices, to help facilitate market participants doing longevity transactions.
Market volatility has eroded annualised returns from direct investment in the FTSE 100 to 0.5% over the past ten years, MetLife Europe says.
CANADA/US - The Ontario Teachers' Pension Plan has signed a deal with Avista Capital Partners to buy INC Research Inc for an undisclosed sum.