Current incentives to defer taking a pension are so attractive they provide a "back door" state retirement age of 70, the Institute of Directors says.
The professional body called on the government to officially increase the state retirement age to 70 at the launch of its Roadmap for Retirement Reform 2009 report. The IoD also backed Lord Turner's...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.