ABI figures for 2025 at highest level since 2014 pension freedom bombshell
New board will look at DB policy, bulk purchase annuities and investment
Consultation will require DC schemes to publish ‘clear data’ on performance, costs and quality of service
But People’s Pension disappointed FCA did not recommend a ban on transfer incentives
Measure will come into force from April 2029
ABI says two in five will save less into their pension if chancellor caps scheme
Mansion House DC default holdings in unlisted equities doubled since last year, according to ABI
Pensions UK and ABI campaign calls on savers to ‘strengthen their pension’
Pledge was made during discussions on reform to the Solvency II framework
Industry panel says government mandation could have ‘unintended consequences’