Government plans to consolidate small pension pots are "impractical" and risk "damaging retirement savings, a broad coalition of organisations argues.
The National Association of Pension Funds, Trades Union Congress, charity Age UK and consumer group Which? have signed a letter to The Daily Telegraph criticising the method proposed by the Department...
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).