Pensions could be switched more rapidly under government proposals to amend the conditions for transfer regulations. The Department of Work and Pensions is consulting on a range of changes, which include removing...
Union members have called for the Government to impose financial penalties on Capita and award compensation to Civil Service Pension Scheme members, after its “disastrous performance” and “unacceptable” delays to payments. The...
Pat McFadden, the UK’s secretary of state for work and pensions, criticised a perceived government culture of raising taxes purely to underpin benefit payments, in messages with the disgraced former Labour peer...
Pensions secretary Torsten Bell described his brief as a gig that was “safe politically”, and an “interesting” area when it came to matters of policy, during an exchange of messages with the...
Around a third of savers are aware they are not saving enough for retirement, supporting the findings of the Pension Commission’s Interim Report. This research by TPT Retirement Solutions, found that around two...
The gender pension gap is at the lowest level ever, due to structural changes in the workforce, the new state pension and proactive steps taken by some large public sector schemes to...
The pensions industry has welcomed the interim report from the second Pensions Commission, saying this identified clear problems around undersaving and early encashment of pensions that require "bold action" at the earliest...
The Pensions Commission has called for “a renewed national settlement on pensions” as its publishes its interim report on the state of retirement saving in the UK. This report identified significant issues...
Volatile markets and elevated bond yields have hit the funding of DB schemes according to the latest figures from the Pension Protection Fund. The aggregate surplus on 4,833 schemes in its PPF...
The UK Government has created a new ‘Supers Unit’ to boost Australian pension investment into energy, housing and infrastructure in the UK. This dedicated unit will sit within the UK Office for...
