Regulator code aims to simplify legislation for trustees
Insurers completed bulk annuity transactions of £2.5bn in the third quarter, bringing total benefits insured in 2015 to around £6.9bn.
Almost 5.5 million people in 60,000 firms have been automatically enrolled since 2012, according to the latest government figures.
Almost 5.5 million people in 60,000 firms have been automatically enrolled since 2012, according to the latest government figures.
Baroness Altmann said that there was "so much misconception" around the flat-rate state pension, and admitted the changes were "mis-sold".
The trustee of the Merchant Navy Ratings Pension Fund (MNRPF) has appointed Towers Watson to provide fiduciary management services to the £850m scheme.
The Department for Work and Pensions (DWP) has been criticised for spending more than £8.5m on a campaign to promote awareness of auto-enrolment.
Schemes should focus on increasing contributions rather than squeezing costs if they want to improve member outcomes, according to BT's head of pensions.
Retirement guidance still not up to scratch
Richard Gibson looks at what deflation means for pension schemes