The Organisation for Economic Co-operation and Development today recommends the UK government further increases the state pension age to combat rising costs.
In October last year, the government announced the SPA would rise to 66 by 2020, accelerating the pace of change advocated by the Labour government, which planned to raise the SPA to 66 by 2026. However,...
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.
UK inflation fell from 2.3% to 2.1% in December, approaching its lowest rate for two years, according to the Office for National Statistics (ONS).