It is impossible to say how long the 2% charge on National Employment Savings Trust contributions will last for, the Personal Accounts Delivery Authority says.
Chief executive Tim Jones told PP the terms of the loan were still a "work in progress" and he did not know how long new contributions would face a 2% charge. He said: "The secretary of state, representing...
Kim Gubler says it is time that schemes and administrators reassess SLAs and look at what real people need from their pension schemes and when
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.