The government should retain a fixed revaluation rate of 4% calculating guaranteed minimum pensions for early leavers, the Society of Pension Consultants recommends.
The trade body's comments come in response to a Department for Work and Pensions consultation which proposed increasing the rate to 4.75% for the period between 2012 and 2017. The SPC said this proposal...
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).