The number of schemes closed to existing members will double over the next year, Hewitt Associates warns.
The consultant's research showed nearly 20% of the 154 schemes it surveyed had now closed to defined benefit accrual - with a potential doubling of that figure expected over the coming year. Hewitt...
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.
The Pensions Advisory Service (TPAS) helped 187,000 people in 2017/18, a 9% fall on the previous year despite setting up special helplines for specific scheme members.
The Liberal Democrat party has passed a motion pledging to cap tax-free lump sums under Freedom of Choice at £40,000 if elected into government.