News

The UK should not be scared of giving freedom and choice to people in their pensions, according to Association of Superannuation Funds of Australia chief executive officer Pauline Vamos.

Transparency and clarity will be vital in ensuring collective defined contribution (CDC) works in the UK.

It is the responsibility of the pensions industry to get its message across as clearly and simply as possible, small businesses say.

The FTSE has opened 1% higher as it begins to recover from its worst one-day fall in 16 months.

Businesses need less time than the industry thinks to prepare for auto-enrolment, according to a small employer.

The bulk annuity market will hit £20bn in the next few years, driven by growing appetite from insurers and the maturing of defined benefit (DB) schemes, says KPMG.

Shadow pensions minister Gregg McClymont does not want to lose the pensions brief if Labour wins the general election next May.

The Pensions Regulator (TPR) expects a significant increase in the number of sanctions it hands out for auto-enrolment non-compliance as small employers hit their staging dates.

The pensions industry needs to take a more positive approach to the post-Budget changes, according to Association of British Insurers director-general Otto Thoresen.

The government is looking at scrapping the link between the auto-enrolment trigger and the threshold at which workers begin paying income tax.