Legislation

The Pensions Bill has moved to the House of Commons with one additional amendment - to strengthen the regulatory framework of the alternative certification model.

Nearly 200,000 people are waiting for their schemes to be assessed for entry into the Pension Protection Fund, the lifeboat organisation says.

AUSTRALIA - Government proposals to create the position of ‘trustee director' have been dismissed by the Association of Superannuation Funds of Australia (ASFA) as doing little to increase accountability.

Increases to state pension age will hit the poorest men in society hardest, as one-fifth die before they can draw a pension, a former pensions minister says.

UK - Plans to allow early access to pension savings have been buried after a consultation revealed "insufficient evidence" it would encourage more saving, the Treasury says.

Plans to allow early access to pension savings have been buried after a consultation revealed "insufficient evidence" it would encourage more saving, the Treasury says.

Only 7% of workplace pension professionals believe employers would set up trust-based schemes to take advantage of short-service refunds, a study shows.

Just 2% of retirees in the UK will have enough money to meet the government's new minimum income requirement and use flexible drawdown arrangements, research shows.

Prudential has won its High Court dispute with members of its pension scheme over changing the basis on which it granted discretionary increases to pensions in payment.

US - President Barack Obama, in his speech unveiling $4trn in budget cuts yesterday, said he wanted to avoid drastic cuts to Social Security, but that the system needs reform to strengthen it over the long haul.