News

European insurance firms are "campaigning" for pension funds' capital requirements to be regulated more like insurers to generate increased business for the insurance sector, a leading MEP says.

Falling gilt yields have pushed schemes £90bn deeper into deficit since the second round of quantitative easing in October last year, the NAPF says.

Steve Webb has called for the pensions industry to encourage people to ‘impulse save' alongside the more rigid auto-enrolment framework, to engage with younger generations.

Private sector workers are six times more likely to receive a range of employee benefits such as private medical insurance and income protection than public sector staff, research has claimed.

The government must make reforms to improve transparency and clarity around tax on annuities and trivial commutation of pension pots, the Office for Tax Simplification says.

Chancellor George Osborne's plan to convince schemes to invest £20bn into a government-backed infrastructure fund has serious "issues", Labour claims.

Trust in pensions at all time low; Mansion owners can sleep easy but top earners may take pensions hit

A third of workers plan to opt-out of their workplace pensions after being automatically enrolled under the government's pension reforms, a poll reveals.

Savers' faith in pensions has reached a record low, prompting fears the upcoming auto-enrolment reforms will flop, the National Association of Pension Funds says.

The government is planning an overhaul of the way it grants tax relief on pensions which will cost the industry, employers and the government "hundreds of millions", Baker Tilly warns.