The government must give consumers more choice on how they take their retirement income, the Investment Management Association urges.
The trade body said its research had demonstrated how non-annuity investment products could provide a lifetime income for retirement – and called on the government to offer more choice to consumers. ...
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.