News

The Pension Liberation Industry Group has published a code of good practice for combating pension scams to help trustees dealing with suspicious transfer requests.

The pensions industry supports a default option when members hit retirement according to a consultation by the National Employment Savings Trust (NEST).

Asset price volatility means pensioners on drawdown could suffer annual income drops of up to 50% which could hit living standards, warns the International Longevity Centre-UK (ILC-UK).

Plans to allow pensioners to sell their annuities for cash must be considered carefully to prevent rip-offs and poor deals, industry participants have warned.

Chancellor George Osborne will further relax pension rules in his Budget on Wednesday to allow the sale of annuity contracts.

The industry is sceptical about providing a default retirement option, with two thirds believing members' pots should stay invested until they make a decision, according to PP research.

EU Commissioner Lord Jonathan Hill has given reassurance that he will have the last say over controversial EU proposals on scheme funding.

More than a third of NHS trusts have yet to introduce a workplace health and wellbeing plan - despite clear evidence of its impact on patient care being published more than two years ago.

Axa PPP's appeal against part of the Competition and Markets Authority's (CMA) private healthcare inquiry has been dismissed.

Increasing pension contributions should be the day one priority of the pensions minister post-election according to Steve Webb.