Government proposals to link increases in public service pensions to the CPI will force thousands of couples to delay divorce proceedings, an actuary warns.
Have you missed the biggest stories in pensions this week? Find out below, as we list the top ten most popular stories on www.professionalpensions.com over the past seven days (30 July - 5 August).
Pensions minister Steve Webb has highlighted the need to develop a strong State pension to help people build up a decent level of retirement income. Speaking at the ABI Savings and Protection conference on 13 July the minister outlined his commitment...
UK - BlackRock, the world's biggest asset manager, probably won't buy U.K. inflation-linked bonds at today's sale amid "confusion" about the government's planned changes to pension indexing.
UK - Today's auction of inflation-linked British bonds garnered the lowest demand since October 2008 as analysts said the government's planned changes to pension indexing created uncertainty for fund managers.
Majority of schemes polled claimed deferred members would be hit by move
Government plans to switch inflation-linked uplifts for final salary pension schemes from the retail prices index (RPI) to the consumer prices index (CPI) have had an instant and negative effect on the UK index-linked gilt market, Aegon Asset Management...
UK - Proposals to index private sector pension increases to the Consumer Price Index amount to a "stealth cut" on the average worker's retirement pot, unions have claimed.