News

The government will not come to a firm answer on the question of small pension pot consolidation despite an industry-wide consultation on the issue initiated by pensions minister Steve Webb.

Workers miss out on £2.5bn in pensions tax relief; OECD hits out at pension plan; UK pension performance among worst in developed world; RBS ups pension contributions

The Office for National Statistics is to consult on plans to expand the Consumer Prices Index inflation measure to include housing costs.

The government has made no significant amendments to legislation exempting ‘dual status' workers who are subject to labour laws in both the UK and another European country from the auto-enrolment process.

UK defined benefit schemes have hit a funding low after combined deficits increased nearly £100bn last month to hit £312bn, statistics show.

The Treasury is under so much pressure it should consider becoming funded directly by the financial services industry, former cabinet secretary Gus O'Donnell has said.

Royal Bank of Scotland has told staff members they will have to work longer and contribute 5% of salary to their defined benefit scheme.

WPP is facing a bruising executive pay defeat at the hands of rebellious shareholders at its AGM on Wednesday.

The Association of British Insurers has downplayed the impact of charges on pension pots, pointing instead to the importance of increasing contributions and saving earlier.

Alliance Trust Savings has sold its small self-administered scheme business to Xafinity's specialist arm, Hazell Carr SSAS.