Independent pension consultant Malcolm McLean praises the government for its progress on simplifying the state pension, but calls for a contingency plan should auto-enrolment fail.
He also urged the government to support employers who ran good quality DB schemes. McLean told delegates that it was time to work on a plan B and predicted full-scale compulsion could be in place within...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).