A higher level of basic state pension and the scrapping of much of the means-tested old age benefits regime has been the Holy Grail of many within the occupational pensions industry.
The quest could be over following last week’s Budget speech in which George Osborne confirmed the government would implement a single-tier state pension. Pensions minister Steve Webb said a single flat-rate...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).