The Financial Assistance Scheme will enrol all qualifying solvent employer pension funds by the end of July, the Pensions Action Group says.
Leading PAG campaigner Ros Altmann told PP that pensions reform minister Mike O’Brien had confirmed the news personally. Altmann also said progress had been made regarding the small number of schemes...
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.