Raising the state pension age (SPA) alone will not address challenges caused by an ageing population, according to the Centre for the Study of Financial Innovation (CSFI).
The government is set to increase the SPA to 66 this year, 67 by 2028 and 68 by 2037-39, to balance pension finances, while maintaining the aim of people spending up to one third of their adult life in...
This week's top stories included the Department for Work and Pensions issuing two separate consultations on the pensions dashboard and defined benefit consolidation.
A regime similar to that for defined contribution (DC) master trusts will be set up for regulating defined benefit (DB) consolidators under plans announced today.
Defined benefit (DB) superfunds that wish to enter the market must talk to The Pensions Regulator (TPR) about their plans before opening for business.