Increases to state pension age will hit the poorest men in society hardest, as one-fifth die before they can draw a pension, a former pensions minister says.
UK - Plans to allow early access to pension savings have been buried after a consultation revealed "insufficient evidence" it would encourage more saving, the Treasury says.
Plans to allow early access to pension savings have been buried after a consultation revealed "insufficient evidence" it would encourage more saving, the Treasury says.
Treasury plugs pensions tax loophole; Former BA pension trustee disappointed by Theresa May failing
HM Treasury is hunting for actuarial firms to work on the Equitable Life payment scheme and estimates the contracts could be worth up to £5m.
The planned single-tier state pension will be at least £155 if the reform is introduced by the end of the parliament in 2015/16, forecasts show.
Jonathan Stapleton assesses industry reaction to the Treasury’s annual allowance option plans
The DWP and Treasury are considering proposals to further restrict pension tax relief to fund the proposed Universal State Pension, a leading academic says.
Work and Pensions secretary Iain Duncan Smith has laid out plans for basic state pension reform in a bid to create a "state pensions system fit for a 21st century welfare system".
Public sector discount rates should be tied to UK economic growth to reflect future tax revenues needed to fund the scheme, the Pensions Policy Institute says.