As many as ten million pension savers will increase their contributions to take advantage of greater at-retirement flexibility announced in the Budget, according to research.
The Pensions Regulator (TPR) has prioritised good governance in its corporate plan published today.
People managing to achieve a retirement income of £15k per year will be "comfortable", according to a report by the National Employment Savings Trust (NEST).
Jelf Employee Benefits has appointed Nick Allen to the newly-created role of head of pensions and workplace savings.
Spence and Partners has appointed Michael Spink as lead defined contribution (DC) consultant.
Marston's has announced it will close its final salary pension scheme to future accrual from 30 September 2014.
Concerns over an auto-enrolment (AE) capacity crunch in early 2015 have been compounded by the announcements made in the Budget 2014, say consultants.
Workers who have been auto-enrolled do not have high expectations for their pensions, with just one in five believing they will save enough to retire in comfort, research finds.
The master trust sector needs compulsory regulation not voluntary assurance, says Morten Nilsson.