UK pensions would be better off regulated by a single body in the future, the pensions minister Steve Webb has said.
A shift towards collective defined contribution (CDC) schemes is "unlikely" as the trend towards defined contribution (DC) plans continues, LCP says.
Henry Tapper says the people want collective defined contribution (DC) pensions
Jack Jones looks at the latest Pensions Bill, published last week
Respondents to the government consultation on defined ambition (DA) pensions may have changed their minds on key issues after the changes announced in the Budget, says the Society of Pension Consultants (SPC).
The 2014 Pension Schemes Bill, which will provide the legislative framework for arrangements that share risk between scheme members and sponsors, has been laid before parliament.
Employers showed a "lack of interest" in proposals to give them greater flexibility over defined benefit (DB) schemes, says the Department for Work and Pensions (DWP).
Ruth Gillbe says gradual change would be better than permanent revolution
Helen Morrissey likes the look of collective schemes but questions the government's timing
Pensions minister Steve Webb has dismissed concerns that retirement freedoms announced in the Budget do not work alongside the government's collective defined contribution (CDC) plans.