UK - The minimum income guarantee has significantly reduced pensioner poverty, according to the Institute of Fiscal Studies.
But it stressed that if all benefits were claimed, around 200,000 fewer pensioners would be in poverty.
Between 2001 and 2002 pensioners in poverty was at the lowest level since the mid-1980s, at 22%.
The IFS said: “Pensioner incomes have generally kept pace with the growth of non-pensioner incomes, partly because of substantial increases in the generosity of means-tested benefits.”
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.