Aegon

Aegon has appointed Dougy Grant and Paul Bucksey to its independent governance committee (IGC).

The chancellor has confirmed the government will keep the state pension triple lock but warned it could be cut in future due to rising longevity.

Stephen McGee has been appointed chief financial officer (CFO) of Aegon UK effective immediately.

Auto-enrolled employees will be putting aside £8bn of savings for retirement by the 2019/20 financial year, according to the Department for Work and Pensions (DWP).

The UK has been knocked out of the world's top 10 pension systems, after Chile climbed up the table five places from 14th last year.

Savers should be able to use their nest eggs to buy a home, according to pensions minister Richard Harrington.

Independent Governance Committees (IGCs) have joined forces to better understand what value for money means for scheme members.

Nearly three-quarters (73%) of staff would welcome monthly pension checks during work hours according to Aegon research.

Pension professionals have welcomed the government's decision to keep the lifetime ISA (LISA) simple after a bill containing details of the saving vehicle was published.

Aegon has warned of a retirement shortfall for the bereaved as pre-retirees are increasingly not arranging for pension payments to go to their partners after death.