Collective defined contribution (CDC) schemes risk creating "irreversible intergenerational injustice" and could undermine pension freedoms, Michael Johnson says.
The pension freedoms have had unintended consequences which should have been foreseen, Michael Johnson has said.
The Centre for Policy Studies (CPS) has called on the government to reform incentives for auto-enrolment (AE), which it estimates could save the Treasury £10bn annually.
Jonathan Stapleton takes a look at how employers can help their members through the at-retirement journey and ensure they are getting the right support to make decisions.
The Centre for Policy Studies (CPS) has called for savers to be "automatically protected" in retirement by phasing them between drawdown and annuitisation.
The UK should establish a workplace ISA to reinforce auto-enrolment (AE) and avoid high-opt rates according to Centre for Policy Studies research fellow Michael Johnson.
Centre for Policy Studies research fellow Michael Johnson has proposed seven ways to make the local government pension scheme more sustainable.
The local government pension scheme's (LGPS) reported investment costs have increased to £748m and charges per member have more than doubled in six years, according to a report.
Industry groups must speak with one voice to get politicians’ attention
The government has been urged to scrap tax and national insurance relief on retirement savings and replace pensions with ‘ISA warehouses' in a radical shake up.