MINISTERS have failed to deliver on their promise that simplification would sweep away hundreds of pages of unnecessary legislation, says Standard Life.
The life and pensions provider said despite the government’s “idealistic notion” it would brush aside the complexity of eight tax regimes, the 2004 Finance Act had left the industry worse off than before...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).