Industry calls on commission to provide a ‘clear’ and ‘practical’ definition of adequacy
SPP says millions face inadequate retirement unless government enacts ‘significant’ reforms
John Upton says low earners are a group that is particularly vulnerable to undersaving.
M&G says the check could give savers the ‘clarity, confidence and support’ to plan for retirement
Pensions UK says while flexibility could ease pressure on some savers, it could be unfair and add complexity
DWP figures suggest DC assets could surpass £1trn in 2031 and reach £1.24trn by 2035
Pension experts say the sector must help savers understand their own targets and how to reach them
Patrick Heath-Lay says the latest Pensions Commission report is a clear signal that further reform is needed
Pensions Commission interim report, BlackRock launches LTAF and DWP gender pensions gap report
‘Pensions Prophets’ panel discuss the key challenges facing the industry