News

The Pension Insurance Corporation (PIC) has named Jon Aisbitt as chairman following the retirement of Sir Mark Weinberg.

Plastic manufacturer Carclo has confirmed it has not paid its final dividend of the year due to its worsening pension deficit, after issuing a warning in August.

The government's independent state pension age reviewer John Cridland has said he will explore whether it is possible to "smooth the transition" between the working age and retirement in his interim report.

The Pensions and Lifetime Savings Association (PLSA) has named Nigel Peaple as its new director for defined contribution (DC), lifetime savings and research.

Auto-enrolled employees will be putting aside £8bn of savings for retirement by the 2019/20 financial year, according to the Department for Work and Pensions (DWP).

‘Small number' of firms asked to review sales

The Post Office has moved a step closer to shutting its defined benefit (DB) scheme to future accrual in March 2017.

The Transparency Taskforce (TTF) has called on the Work and Pensions Committee (WPC) to establish an inquiry into costs and charges for savers.

The Work and Pensions Committee (WPC) is to be involved in selecting future chairpersons of The Pensions Regulator (TPR), it has been revealed.

Most respondents in this week's Pensions Buzz think allowing people to use pensions to buy homes is a bad idea.