It is possible to run career average 1 / 120th schemes at a similar cost to what is on offer from NEST, delegates heard.
The Pensions Trust chief executive Stephen Nichols said the concept of rush to defined contribution should not be the only option for employers who want to provide pensions for their staff. He said...
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.