Pensioners feel pinch from soaring inflation; RPI-linked annuities keep pace with rising costs; Pensions regulator to raise risk barrier
The National Association of Pension Funds will publish a list of pensions legislation it thinks should be scrapped in the new year.
The Pensions Regulator has warned investors it will take action against firms triggering pre-pack insolvencies to offload pension liabilities from businesses, delegates heard.
The pensions industry must become more transparent on costs and charges and hold firm on the merits of auto-enrolment, delegates heard.
The Pensions Regulator is determined to ‘get under the skin' of the country's 1,700 hybrid schemes to ensure they are properly monitored.
The current defined contribution set up is inefficient, in adequate and will lead to poor member outcomes for generations unless it is radically overhauled, delegates heard.
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UK - The government is set to take action over companies offering cash incentives to leave defined benefit pension schemes.
Proxy voting agencies are undermining the governance efforts of investors who try to to engage more effectively with firms they are invested with, a policy chief says.
The government is set to take action over companies offering cash incentives to leave defined benefit pension schemes.