Figures show contribution rates fell between 2014 and 2015, amid concerns people could have to work until their 80s. Kristian Brunt-Seymour asks if legislative measures are the answer.
Third consecutive month of increases
The Communication Workers Union (CWU) has attacked plans from the Post Office to close its defined benefit (DB) scheme to future accrual on 31 August.
Inflation continues to hover around zero according to Office for National Statistics (ONS) figures, meaning interest rates are likely to remain at historic lows well into 2016.
The Consumer Prices Index (CPI) fell again by 0.1% last month, the ninth month running that inflation has been close to or at zero.
The biggest stories on the site this week include a suspected £14m fraud, deflation, and a dire threat about meddling with tax relief.
The latest inflation figures could cut deficits by £10bn
In welcome news for many defined benefit pension schemes, the 12-month Consumer Prices Index (CPI) slipped back to zero in August, according to the Office for National Statistics (ONS).
The Financial Conduct Authority (FCA) will find poor practice and mis-selling when it delves into the non-advised annuity sales market, according to PP readers.
Bond market slowly begins to catch up with demand