Pensions minister Steve Webb has given the clearest indication yet of the make-up of the government's retirement ‘guidance guarantee', which will include a clear "hand off" to full advice for those who need it.
More than half of savers will spend less than a quarter of their pension in the first five years of retirement - dispelling concerns that flexibility will fuel irresponsible spending - research has found.
State Street Global Advisors (SSgA) has increased the size of its defined contribution (DC) pensions team.
Increasing numbers of employers are considering Pension Increase Exchange exercises (PIES) as the Code of Practice for Incentive Exercises has gained acceptance, say consultants.
Stewardship is almost as important to pension scheme members as cost, according to research from the National Association of Pension Funds (NAPF).
Buck Consultants has raised concern over conflicts of interest at fiduciary managers after research found three in ten mandates (29%) were awarded to existing advisers without a competitive tendering exercise.
The charge cap on defined contribution (DC) default funds risks incentivising short-term trading, the Law Commission has warned.
Heineken UK’s new head of pensions Neil Parfrey talks to Natasha Browne about meeting the challenges thrown down by the Chancellor
The 2014 Pension Schemes Bill, which will provide the legislative framework for arrangements that share risk between scheme members and sponsors, has been laid before parliament.
Almost 50% of pension schemes do not have written policies on responsible investing, according to the Association of Member-Nominated Trustees (AMNT).