DWP

Grasping the nettle of guaranteed minimum pensions

Warnings over enhanced transfer value offers have led to a significant drop off in the number of employees taking them up, industry figures say.

The government should retain a fixed revaluation rate of 4% calculating guaranteed minimum pensions for early leavers, the Society of Pension Consultants recommends.

Insurers are split over how the industry should tackle the issue of "unfair" active member discounts, PP can reveal.

The latest Pensions Act brings measures designed to make auto-enrolment more financially palatable for employers into force.

Michael Bow looks at the implications of the PPF's successful year.

State pension reform plans are set to heap extra cost burdens on public sector worker contributions, hitting scheme members with a "double whammy" of additional pension tax, analysts warn.

Administration levies placed on schemes by the government could significantly fall following the release of a Department for Work and Pensions consultation.

Government plans to include pension contributions when calculating workers' entitlement to tax credits risks undermining the key aims of auto-enrolment, argue Labour peers.

The gender gap in pensions is closing as half of women are saving adequately for retirement, but they are still putting away less than men, research finds.