THE cost of increasing Financial Assistance Scheme payments to Pension Protection Fund levels would be around £2.5bn, the government has said.
Pensions reform minister James Purnell said the cost of implementing the amendment to the Pensions Bill, voted through by the House of Lords, would cost in the region of £10.6bn in cash terms, meaning...
The Department for Work and Pensions (DWP) will develop and test new ways to include 4.8 million self-employed workers in pension savings.
Opt-out rates at the end of June 2018 "remained consistent" with levels before the April contribution rate increase, according the Department for Work and Pensions (DWP).
The Pensions Regulator (TPR) has appointed Charles Counsell as its new chief executive, who will take over from Lesley Titcomb next year.
The Financial Reporting Council (FRC) should be abolished and audit and advisory businesses should be split into separate entities to improve the sector for both savers and investors, two reports published today say.