Impaired life annuities could offset ‘unfair' rises in state pension age for groups with lower life expectancy, the pension minister says.
State pension age is set to increase to 67 in the UK between 2026 and 2028 and the government is considering an automatic up-rating system that links SPA with increases in longevity. Steve Webb told...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.