Triennial call for evidence on AE alternative quality requirement for DB and CDC schemes
Now Pensions research finds majority support proposals to reduce AE age to 18
The call for evidence looks at the way AE standards are met for DB and hybrid schemes
‘Your 100-year Life’ looks at changing retirement offerings across the globe
Suggested levels varied from 6% to 12%, with many urging a gradual increase
Majority of Buzz respondents say proposed changes will only have moderate effect
Minister says the Bill will ‘move the retirement saving revolution to an evolution’
Bill looks to abolish lower earnings limit and reduce age for being auto-enrolled to 18
The industry is split in its support of the DWP’s move with 45% agreeing and 45% disagreeing
Pete Glancy says lack of reform is preventing people from having a comfortable retirement