News

The Pensions Regulator (TPR) and the Financial Conduct Authority (FCA) have clarified their responsibilities in overseeing the pensions market following this week's reform announcements.

Many parents could be "better off in the longer term" staying in the original workplace childcare voucher scheme, rather than switching to the government's new system, Busy Bees Benefits warns.

Deregulation of the flexible drawdown market would be required to ensure changes under the Budget 2014 are effective, industry experts say.

Pensions minister Steve Webb has been criticised for saying people can spend their defined contribution (DC) pensions on extravagant purchases such as a Lamborghini if they want.

Shadow pensions minister Gregg McClymont has challenged pensions minister Steve Webb over his defined ambition (DA) proposals in light of the government's defined contribution (DC) reforms.

This week, respondents were keen on financial education as an antidote to a poorly-functioning annuities market.

The Pensions Trust chief executive Stephen Nichols has resigned and left last week after more than a decade with the organisation.

Government proposals to scrap restrictions on pensions access could lead to a further wave of employers closing defined benefit (DB) plans to future accrual.

Government proposals to scrap restrictions on pensions access will pave the way for collective defined contribution (CDC) schemes, Barnett Waddingham says.

The Department for Work and Pensions (DWP) will publish its response to last year's charge cap consultation next week, pensions minister Steve Webb confirms.