DWP

The National Association of Pension Funds is backing auto-enrolment and NEST in the main but says the finer details around scheme-based certification need clarification.

The Department for Work and Pensions has issued a formal consultation on proposals to shift the inflation link for increases in PPF and FAS payments from the retail prices index (RPI) to the consumer prices index (CPI).

The Department for Work and Pensions' plans to abolish transfers between contracted-out defined benefit and defined contribution schemes could lead to a "firesale" of final salary liabilities, a consultant warns.

UK - The Department for Work and Pensions' plans to abolish transfers between contracted-out defined benefit and defined contribution schemes could lead to a "firesale" of final salary liabilities, a consultant warns.

The Investment Governance Group plans to have its principles on defined contribution governance agreed by October, its DC subgroup chairman says.

The state pension age should be hiked to at least 70 by the mid-2030s if concerns over the impact of rising longevity are to be allayed, industry experts say.

The Pensions Regulator chairman David Norgrove will step down from his role when his second term in post ends on 31 December.

UK - The Pensions Regulator chairman David Norgrove will step down from his role when his second term in post ends on 31 December.

The independent panel of experts tasked with assessing the viability of auto-enrolment and NEST has finished a run of seminars with stakeholders.

Government must implement radical reforms to provide incentives for pension saving, Fair Investment Company says.