The Treasury will legislate to cap excessive early exit charges levied on savers using pension freedom, it has confirmed.
The Financial Conduct Authority (FCA) will be tasked with implementing the policy. Speaking in the House of Commons, Chancellor George Osborne (pictured above) said: "The pension freedoms we've introduced...
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.