There is a risk that pensioner poverty will increase after the implementation of freedom and choice from next month, according to a leading think tank.
The Strategic Society Centre has called for the government to legislate for a default automatic income plan that would deliver "predictable, secure and good-value income" for retirees. It also stated...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.