Government

PP explores the option of putting the British Steel scheme through the bulk annuity market.

HMRC and the FCA have begun consulting on a tax framework and rules for the secondary annuity market.

A majority of respondents believe the British Steel Pension Scheme will end up going into the lifeboat fund.

The UK should establish a workplace ISA to reinforce auto-enrolment (AE) and avoid high-opt rates according to Centre for Policy Studies research fellow Michael Johnson.

Acted as CEO since Martin Wheatley's departure

Policy changes will result in an extra three million retirees on inadequate incomes by 2060 on top of the 12.2 million already forecast, according to research.

The biggest stories were the long-awaited Just Retirement and Partnership merger, and revelations the government could be forced to fork out £2bn for the British Steel scheme.

With the steel industry's fortunes hanging in the balance, PP considers the prospects for its pension fund.

Allowing certain women to access their state pension early would have little or no benefit for those affected by the rise in age, according to Royal London's Steve Webb.

People will not save enough unless government forces them to according to PP research.