The industry has fiercely criticised the cuts to annual and lifetime allowances revealed in the Autumn Statement, arguing they will undermine confidence in pensions.
The government is to cut the annual allowance from £50,000 to £40,000 and lifetime allowance from £1.5m to £1.25m from 2014 (PP Online, 5 Dec - http://www.professionalpensions.com/22297560). PwC head...
An analysis of IGC annual reports finds some lacking in information on value for money, costs and charges, and investment performance. James Phillips explores the findings
A new cost transparency solution is being developed for pension schemes by a financial services technology firm.
Supermarket giant Asda's plans to reform its pensions have been decried as "unfair, unreasonable and unnecessary" as the workers' union began talks with the employer.
The Pensions Administration Standards Association (PASA) has launched a checklist to help trustees with the rectification process for guaranteed minimum pensions (GMP).