Buzz has declared the concept of pension simplification dead. Many contributors questioned whether it had ever been alive while others suggested it had been nailed to the perch for some time.
“Dead, buried and with the government dancing on its grave,” was the verdict of one respondent. Another said that the industry had been going downhill since the Finance Act 2004 which was “the best...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).