The Organisation for Economic Co-operation and Development has said auto-enrolment is making good progress but pensions minster Steve Webb wants to ‘manage expectations' before early opt-out rates are published.
The OECD said auto-enrolment was progressing well but warned defined contribution outcomes need to be improved as it released a report with ten recommendations to ensure DC delivers satisfactory retirement...
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.