The Liberal Democrats' pledge to review the pension tax relief system with an aim to introduce a flat rate has received a lukewarm response from pension professionals.
The party, which published its manifesto on 17 May, also pledged to equalise pension rights, potentially including survivor benefits, for same-sex couples, and to retain the controversial triple lock on...
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Baillie Gifford and Montanaro are the first asset managers to sign up to a new transparency code to help the Local Government Pension Scheme (LGPS) get a better handle on investment costs.
Lloyds Bank has launched a joint legal bid with its pension trustees and unions to equalise guaranteed minimum pensions (GMPs) in a move which could cost the industry £20bn.
A quarter of retirees do not believe they have a large enough nest egg to fund their retirement, research has revealed.