THE GOVERNMENT will not break even for three decades if it implements a National Pension Savings Scheme based on Lord Turner's cost assumptions, a leading insurer warns.
Standard Life says the 0.3pc charge proposed by Turner’s Pensions Commission is “unworkable” and will cost up to £3.5bn to get off the ground. But it warns an alternative run by the private sector...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.