UK - A three-pronged strategy to help ease the pensions crisis has been unveiled by Conservative work and pensions spokesman David Willetts.
He said a Tory government would increase the value of the basic state pension to get pensioners off means-tested benefits, reduce the over-regulation of company schemes, including repealing the existing regime for contracting out and introduce new incentives to save.
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.