Delays to ‘Fair Deal' changes are leading private employers to negotiate bad pension deals for new employees because of confusion over government plans, industry figures say.
A consultation on the Fair Deal policy closed in June but pension outsourcing experts said the lack of information over its fate is leading private sector contractors to negotiate unsatisfactory deals...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.