Public sector pensions are still three times more valuable than most private sector arrangements despite government reforms, the Pensions Policy Institute says.
A PPI report found the average public sector pension was worth 21pc of salary – compared to a typical private sector defined benefit scheme worth 20pc of salary and a typical private sector defined contribution...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.