The Trades Union Congress has branded government plans to bring forward increases to the state pension age unfair due to the widening gap in life expectancy between rich and poor.
Plunging gilt yields currently rocking scheme funding levels could accelerate the number of final salary schemes shutting down to existing members, a pension analyst predicts.
Providers, advisers and life offices have written to the Treasury pressuring it to allow simpler transfers of assets between savings vehicles.
UK - Annuity rates could hit their lowest point for two years as the sovereign debt crises hits gilt yields, experts believe.
Annuity rates could hit their lowest point for two years as the sovereign debt crises hits gilt yields.
Today, thousands of public sector workers are to strike over proposed reforms to their pensions. But just how do they compare to private sector provision?
Changes to pension tax allowance rules limiting annual tax- free contributions to £50,000 have led to a spike in ‘carry forwards' by high earners, a tax expert said.
Trustees need better advice on qualifying recognised overseas pension schemes to stop them being targeted by ‘smash and grab' schemes, a provider says.
Hargreaves Lansdown has boosted its corporate pensions team with the appointment of a business development manager to build client relations.
Scrapping contracting-out for defined contribution schemes will drain more than £50bn from the pensions industry leading to a "significant" reduction for administrators and fund managers, government says.