Around £6bn of UK pension fund monies should be invested in a National Renewal Fund aimed at recapitalising 21,000 growth economy businesses, a report suggests.
Covid-19 has presented the ONS with significant problems calculating inflation during lockdown. Latest Institute for Fiscal Studies research examines the challenges faced.
Taxes will have to increase after the March Budget if the government plans to honour the spending plans in outlined last year, the Institute for Fiscal Studies (IFS) has warned.
Workplace pensions look more like individual savings pots as too much risk is loaded onto members, Institute for Fiscal Studies (IFS) director Paul Johnson warns.
We have gone well past the brink of things not being good and the last 10 years have turned out to be so different relative to what was reasonably predicted, according to Paul Johnson.
Baroness Jeannie Drake has questioned whether placing more responsibility on individuals amounts to an efficient long-term savings policy.
The Resolution Foundation has today launched a commission into intergenerational inequality, focusing on the gap in wages, pensions, and homeownership between generations.
UK pensions look good in theory but the system could turn out to be alarmingly fragile. Michael Klimes finds out why
Working longer and sharing risk better would help, says Paul Johnson
The government has been urged to axe the state pension triple lock in light of data showing pensioners have higher average income than working age people for the first time.
An independent commission, spearheaded by former Treasury Select Committee chairman Lord McFall, is to investigate why the UK pensions system is failing.
Employers are unlikely to switch to trust-based defined contribution schemes in order to receive contributions back if an employee leaves within two years of auto-enrolling, Paul Johnson says.
The exclusion of micro-employers from auto-enrolment was ruled out due to the number of employees that would be excluded and because of "substantial" practical issues.
The findings of the independent review into the operation of auto-enrolment will be released next week, pensions minister Steve Webb confirms.
The industry "won't be in suspense much longer" over NEST, Steve Webb told delegates.
Introducing the National Association of Pension Fund's proposal for a simple, single state pension would "really help" the auto-enrolment reforms, Adrian Boulding says.