The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.
Individual defined contribution (DC) accounts are storing up problems for generations to come, they said, but the UK "still has time" to reform retirement savings and make future retirees less dependent...
The government must take advantage of its majority to push through further reforms to auto-enrolment, says James Phillips.
The general election showed an increasing focus on collective over individual interests. CDC could fit right in, says Hilary Salt.
Collective defined contribution (CDC) schemes will offer members and employers a more satisfactory balance between affordability and security if they can meet both parties’ needs, according to Unbiased.
The Net Pay Action Group (NPAG) is urging the government to deliver on its manifesto pledge to review unfair tax rules in pensions.
A Hertfordshire-based recruitment agency and its managing director have been ordered to pay £10,890 after misleading The Pensions Regulator (TPR) over its workplace pension arrangements.