Public sector final salary schemes should be scrapped and replaced with a career average alternative, the National Association of Pensions Funds says.
A large part of the industry has slammed the government's announcement preventing private sector schemes the power to override scheme rules enabling a shift from RPI to CPI indexation.
The Pensions Regulator should be more accountable and promote high-quality workplace pensions, trustees and scheme managers believe.
An industry-wide consultation on the RPI to CPI switch will be issued tomorrow, Steve Webb says.
Plans by the European Union to introduce Solvency II rules to the pensions industry run the risk of undermining pension provision rather than strengthening it, industry bodies have warned.
Three-quarters of local government pension experts back Lord Hutton's view there is a strong case for increasing employee contributions, National Association of Pension Funds research shows.
The European Federation of Retirement Provision has appointed Patrick Burke as its new chairman.
UK - The Pension Protection Fund has recorded a £400m ($641.5m) surplus, compared with a £1.2bn deficit the year before, figures published today reveal.
The Pension Protection Fund has recorded a £400m surplus, compared with a £1.2bn deficit the year before, figures published today reveal
UK - Employers levelling down scheme provision following the introduction of auto-enrolment will only confirm negative perceptions of pensions, Iain Duncan Smith warns.