Government confirms pension freedoms age hike to 57
The government has confirmed the minimum pension age will rise from 55 to 57 by 2028 to coincide with the rise in the state pension age to 67.
Plans to increase the pension freedoms age were first mooted in 2014 but were not legislated for at the time. Economic secretary to the treasury John Glen yesterday (3 September) said the plans will be...
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Around 240,000 pension savers may have lost more than £14bn to fraud
More than 240,600 savers have lost an estimated £14.6bn of pension savings to fraudsters, but a further £2.5trn remains potentially accessible to criminals, The People’s Pension (TPP) says.
CMI: Second wave excess deaths hit 5,000
Another week-on-week increase in the number of deaths with Covid-19 mentioned on the death certificate has brought total excess deaths since the beginning of the second wave to 5,000.
Smart launches retirement product
Smart has launched a retirement product in a bid to help guide members and bridge the advice gap.
Have your say: Should trustees be held accountable for the security of data and assets in the event of a cyber attack?
In this week's Pensions Buzz, we want to know if you agree that trustees be held accountable for the security of data and assets in the event of a cyber attack.
PP Monthly Digest: November 2020
Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.
