The government has proposed simplifying guaranteed annuity rate (GAR) valuations and introducing a statutory requirement for trustees to give risk warnings to members wanting to take advantage of the April freedoms.
The plans set out today in a Department for Work and Pensions consultation paper are some of the remaining legislative changes needed to adapt to the post-freedoms world. Its proposal to simplify the...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point