Government plans to gradually raise the retirement age to 68 may be increased to 70, David Norgrove predicts.
The Pensions Regulator chairman said legislation - which is set to increase the retirement age progressively to 68 by 2044 - will go further in the future. Speaking to the BBC Norgrove said: "Given...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.