AUTOMATIC enrolment into a system of personal accounts will tackle the culture of under-saving for retirement and be good news for consumers, says work and pensions secretary John Hutton.
Speaking at the launch of the consultation on the model for personal accounts proposed in the pensions White Paper yesterday Hutton said that the culture of under-saving, particularly among lower earners...
Canada Life has signed a £351m bulk annuity contract insuring the pensioner liabilities of 2,510 members and dependents in the AA UK Pension Scheme.
In this week's Pensions Buzz, we want to know if you believe there is ever a case for combining retirement savings products with other savings products, and if the PPF levy for sponsorless schemes is appropriate for DB consolidators.
The Insolvency Service has disqualified four directors of trustee firms from running companies for a total of 34 years following an investigation.