State pension age

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.

In line with Cridland report

The new work and pensions minister David Gauke has laid into past governments who "tinkered around the edges" with pensions policy.

A "period of stability" for the state pension age is needed and so the government should postpone any increase decision, the union Prospect has said.

The UK has awoken to shock news that the Conservative Party has failed to secure an overall majority, leaving the future government hanging somewhat in the balance.

The industry has warned that asset managers which fail to sign up to the code of transparency will face tough scrutiny by schemes and could risk being sacked.

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.

This week we want to know whether member-nominated trustees should be paid in addition to being reimbursed for travel and other expenses.

A $224trn (£174.2trn) combined deficit could hit the six largest pension systems if action is not taken now to address longevity risk, the World Economic Forum (WEF) has warned.

The Scottish National Party (SNP) has promised to put pressure on the next government to extend automatic enrolment (AE) to the self-employed and low paid.