INCOME from occupational pension schemes is falling while the number of pensioners living in severe poverty is on the rise, government statistics show.
Pensions minister Mike O’Brien – replying to a question from Conservative work and pensions spokesman Chris Grayling – revealed the average income per couple from occupational pensions was £192 per week...
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.