News

People will have to work longer to qualify for a flat-rate state pension under long-delayed proposals published in a white paper this afternoon.

The government said it cannot make any further simplification to guaranteed minimum pension rules in its white paper on the single tier state pension.

The government today unveiled its plan for a single tier state pension after more than a year of delays.

Representatives from the Nortel Networks UK Pension Plan and the Pension Protection Fund have travelled to Canada in a bid to secure more than $2bn (£1.2bn) from an international mediation.

The Pensions Regulator has rejected criticism of the scope of its defined contribution code of practice.

The Pension Protection Fund is likely to lose a 33% stake in Jessops after the high-street camera retailer entered administration.

PTL has launched an observed meeting service for trustees.

Prime Minister David Cameron denied the end of contracting out will create a wave of further closures of final salary pension schemes.

Employers with final salary schemes face a hike in National Insurance contributions which could foreshadow another round of DB closures, as the government prepares to abolish contracting out later today.

Capital Cranfield Trustees has named Bob Bridges as its chairman.