The government is set to scrap the requirement to purchase an annuity and abolish alternatively secured pensions.
In an HM Treasury consultation on annuity reform - published today - the government said that, under the new regime, retirees would have the choice to go into either a capped drawdown system where income...
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
Jonathan Stapleton speaks to Punter Southall Governance Services director of outsourced pension services Clare Owen about the firm's latest reseach into the effectiveness of trustee boards.