The design of some occupational pension funds will be affected by the abolition of the default retirement age despite government promises schemes would not be affected, experts warn.
Last week, the government published its response to its consultation on proposals to phase out the DRA. It said: “The absence of a DRA does not affect the setting of a ‘normal retirement age’ or ‘normal...
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MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.