The government has confirmed its commitment to overhaul the retirement process and announced new plans to introduce collective defined contribution (CDC) in the Queen's Speech today.
Lawrence Gosling on the 580,000 Britons whose state pensions have been frozen
Chancellor George Osborne is in danger of emulating Robert Maxwell "as a destroyer of pension savings" with plans for a retirement 'guidance guarantee', Tom McPhail has warned.
Members of the industry have expressed concern over collective defined contribution (CDC) schemes, which are expected to feature in the Queen's Speech later this week.
Workers are to be given the option of saving into new 'collective' pension schemes which ministers believe could boost their incomes by up to 30%, under plans to be unveiled in the Queen's Speech later this week.
The Pension Protection Fund (PPF) has revealed details of the bespoke risk scoring system it will use to calculate scheme levies from 2015/16.
The Financial Conduct Authority (FCA) has made it a priority to help advisers innovate their business models to reach the middle market, chief executive Martin Wheatley said on Thursday.
Labour is set to announce plans that would see an extra 1.5 million workers automatically enrolled into a pension scheme.
The Pension Protection Fund (PPF) has opened a consultation on its proposal to call for out of cycle valuations following changes to the definition of money purchase benefits.
Up to 85% of businesses due to stage in the next 12 months do not feel qualified to meet their auto-enrolment (AE) duties, with many "completely unprepared" for staging, research reveals.