More than 80pc of pensions offered to new employees at Britain's biggest firms are defined contribution plans, new research shows.
Watson Wyatt’s fourth annual FTSE100 DC Pension Scheme Survey said money-purchase plans accounted for 83pc of schemes open to new members compared with 74pc last year. The survey also found that among...
Former home secretary Amber Rudd is to return to the cabinet as work and pensions secretary after the resignation of Esther McVey.
This week's top stories included proposed draft regulations in a no-deal Brexit which would make scheme investments illegal, and Esther McVey's resignation as secretary of state.
There have been a total of 15 ministers responsible for pensions since 1997. Here is the list in full.