Pensions reform minister Mike O'Brien has reiterated that personal accounts will work for the "large majority" of savers in the target group.
In a parliamentary question Liberal Democrat MP David Laws asked O’Brien what his most recent estimate is of the proportion of the target audience for personal accounts which will be subject to means-testing....
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.