While plans to introduce a guidance guarantee at retirement are seen as radical and a victory for the consumer, the government's promise still appears to be shrouded in mystery as to how it will be delivered and by whom. Hannah Uttley looks at the merits of workplace financial education programmes.
With greater choice comes greater responsibility, and it was in this fashion that Chancellor George Osborne made his announcement to introduce a guidance guarantee for all pension scheme members at retirement...
A handful of industry heavyweights have begun trialling a so-called 'mid-life MOT', with positive initial results reported by all those involved.
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.