There is no low cost solution for retirees or any idea of how and when it will be provided according to London Business School executive David Pitt-Watson.
Speaking on a panel at the annual Trades Union Congress (TUC) conference on pensions, he said progress had been made with auto-enrolment and the establishment of the National Employment Savings Trust....
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.
This week's edition of Professional Pensions is out now