A weakened economy following the vote to leave the EU means savers will have to put as much as 22% of their wages into pensions.
Factors such as low interest rates, low returns on assets, and low gilt yields mean pension pots will have a slower growth before retirement. According to Hymans Robertson, prior to Brexit savers needed...
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.
This week's edition of Professional Pensions is out now