The UK pensions system is so badly designed it is a "toxic mix" which favours providers over savers and pushes people towards undersaving, Lord McFall says.
The Workplace Retirement Income Commission chairman said the mix of basic state pension, state second pension, and occupational and personal pensions failed to address the needs of everyday savers. ...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.