With wider funding challenges and the need to play for the long-term, any change to inflation indexation must be swift and firm, says Sir Steve Webb.
Private pension wealth has grown to £6.1trn in the last decade up from £3.6trn, Office for National Statistics (ONS) data shows.
This week’s top stories include the approval of the settlement deal between British Airways and the trustees of the Airways Pension Scheme, and calculations that show pension schemes could save 20% if they move to a defined contribution master trust....
AE has successfully brought millions of people into pension savings. But, as Kim Kaveh writes, it is far from perfect.
British people born between 2016 and 2018 are expected to live up to 4.2 weeks longer than those born in the 2015-17 period, according to the Office for National Statistics (ONS).
Membership of occupational pension scheme membership has risen to a record high of 45.6 million people as of the end of last year, according to the Office for National Statistics (ONS).
UK inflation unexpectedly remained below target for the third month in a row in March, as higher fuel prices were offset by the falling prices of food and computer games.
Nearly four in five UK employees are now members of an occupational pension scheme, Office for National Statistics (ONS) data reveals.
Inflation in the UK rose slightly in February to 1.9% on the back of higher food prices, according to the Office for National Statistics (ONS).
The UK Statistics Authority's (UKSA) "refusal" to fix a long-standing error in the retail prices index (RPI) is "untenable" and demonstrates a need to commit to one measure of inflation.