UK - Pensions minister Steve Webb has vowed to fulfil the government's promise to reinvigorate occupational pensions by deregulating the defined benefit sector.
Pensions minister Steve Webb has vowed to fulfil the government's promise to reinvigorate occupational pensions by deregulating the defined benefit sector.
The default retirement age will be scrapped tomorrow meaning employers will no longer be able to force people to stop working when they reach retirement age.
EUROPE - European Union pension policy could cripple British firms and stall economic recovery if schemes are forced into Solvency II capital requirements, employers warn.
European Union pension policy could cripple British firms and stall economic recovery if schemes are forced into Solvency II capital requirements, employers warn.
Just how are we going to get more people saving for retirement?
Government should cap defined contribution scheme charges to match the existing limits on stakeholder pensions to avoid complaints about ‘mis-selling', the Workplace Retirement Income Commission says.
The Confederation of British Industry is urging the government to introduce a statutory override law to allow schemes to reduce accrual rates to offset the costs of state pension reforms.