Impaired life annuities could offset ‘unfair' rises in state pension age for groups with lower life expectancy, the pension minister says.
Employers are being put off adopting risk-sharing models by an unrewarding regulatory regime, the Association of Consulting Actuaries honorary secretary has claimed.
Rachel Dalton on how the Coalition is pinning all its hopes on the state pension
The government cannot "stand idly by" while accountancy standards send pension fund liabilities rocketing and undermine the economy, Steve Webb has said.
Steve Webb has increased the pressure on the European Commission over Solvency II for pension schemes, promising there will be "no compromise".
Pensions minister Steve Webb warned further legislation on enhanced transfer value exercises and pension increase exchanges is being "held in reserve" by the government.
Rachel Dalton examines the state of women in retirement
Shadow pensions minister Gregg McClymont has questioned what the government's drive for ‘defined ambition' pensions "actually means".
Enhancements to women's pension provision will decrease the importance of joint life annuities according to pensions minister Steve Webb.