Preventing schemes from offering members life-only cover will create "unwelcome complication and uncertainty", lawyers warn.
They told PP the government’s interpretation of the Institutions for Occupational Retirement Provision directive – section 255 of the Pensions Act 2004 – undermines UK schemes as it makes it much more...
Labour Party plans to renationalise core industries and require the largest listed companies to hand 10% of shares to employees would be a "double whammy" for pensions, business leaders have warned.
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".