Pensions

Pension schemes will be compelled to supply data to the pension dashboard in a phased rollout that will see big DC schemes enrolled first, the government has confirmed. Publishing its response to...

Thirty master trusts have submitted authorisation applications to The Pensions Regulator, while a further 10 have been granted a short extension, and are expected to submit applications in the coming weeks. The...

Millennials have a “worrying lack” of awareness as to how pensions work, according to a new survey from Invesco. The company found the majority of those aged between 24 and 34 did not...

Three out of four people (73 per cent) say they would seek help from an IFA to help them predict how major life changes would impact their finances. When dealing with crisis...

The idea of a Government- sponsored web-based pension planning tool has been around for quite some time. Back in the early noughties Labour’s DWP secretary of state Andrew Smith outlined an online planner,...

The Pensions Regulator has confirmed that two L&G master trusts have now gained authorisation.  Legal & General WorkSave Mastertrust, and Legal & General Worksave Mastertrust (RAS) become the second and third trusts...

For the first time, a prosecution brought by The Pension Regulator has resulted in an immediate custodial sentence.  In February Roger Bessent - a pension trustee - was convicted on to five...

The Government is facing calls from the pensions industry to reform auto-enrolment contribution rules, to help boost overall levels of pension savings. These calls come as the AE minimum contribution levels are...

The average income received by pensioners fell last year, according to  figures published by the Department of Work and Pensions.  Its retirement income statistics show that the average weekly income for all...

New research shows that retirees' biggest concern about utilising pension freedoms is running out of money, with more than half favouring risk reduction over generating higher returns.  It is now almost four...