THE GOVERNMENT has published a guide to help simplify pensions.
Pensions reform minister James Purnell said one of the main barriers to saving is the complexity of pensions and claimed the guide – Pensions: The Basics – would help make the issue clearer to the public....
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.