
Queen's Speech confirms commitment to annuity overhaul and CDC

The government has confirmed its commitment to overhaul the retirement process and announced new plans to introduce collective defined contribution (CDC) in the Queen's Speech today.
The government will introduce a Pensions Bill to give effect to the tax rule changes announced at the Budget, with the goal of giving people "greater freedom and choice over how to access their defined...
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Croydon sets up asset-backed funding to reduce pension contributions
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Half of pension scam red flags raised by schemes involves advisers, finds survey
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
Norfolk Pension Fund wins rare US securities fraud class action case
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
Have your say: Should CEOs have to pay into the same staff DB scheme as their workers?
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.