A handful of industry heavyweights have begun trialling a so-called 'mid-life MOT', with positive initial results reported by all those involved.
The Work and Pensions Committee has called for the government to introduce an auto-drawdown option while allowing NEST to offer decumulation products, James Phillips reports
Nearly eight million people fear they will not have enough money to retire when they reach state pension age (SPA), Age UK research has revealed.
Tim Sharp says the government's plans to increase the state pension age to 68 from 2037 is an absurdly crude mechanism for forcing people to work longer
Plans to raise the state pension age (SPA) to 68 seven years ahead of schedule by 2039 has been welcomed by the industry as a necessary move to reflect rising life expectancy and keep costs affordable.
The new work and pensions minister David Gauke has laid into past governments who "tinkered around the edges" with pensions policy.
Changes to pension policy must be viewed "through the lens of intergenerational fairness" by a future government, the Institute and Faculty of Actuaries (IFoA) has argued.