The UK must do more to address its ageing demographics, says Mercer, as its global pension index shows the country static in its rankings.
Ranked 15th of 34, the same level as last year, the UK scored a C+ for its pensions system, grouped alongside Colombia, Peru, and France, and described as having "some good features" but also "major risks...
This week's edition of Professional Pensions is out now.
Laytons partner Jennie Kreser speaks of her concerns over pension outcomes.
Guy Opperman has indicated his support for a fresh pensions commission as the government seeks to understand how to progress pensions policy in a wide range of areas.
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.