Employers are already fielding enquiries from staff about transferring their defined benefit (DB) pension to a defined contribution (DC) savings scheme.
Trustees have been warned of the complexity surrounding additional information disclosure regulations drawn up for the freedom and choice reforms.
The insurance industry was bombarded by almost 230,000 calls from consumers in the days after the ‘freedom and choice' reforms took effect, the latest figures show.
PwC's Raj Mody says 'freedom and choice' should be extended to state benefits
The Liberal Democrats would explore overhauling tax relief on pensions contributions if they play a part in the next government, according to the party's manifesto.
This week's top stories include a slap on the wrist for Fidelity and Towers Watson over a delayed transfer request and regulations to exempt certain workers from auto-enrolment (AE), while Con Keating discusses how investment costs and fees should be...
Retirement Planner has launched a new website dedicated to keeping advisers up to speed with the latest pension changes.
PP looks at how the newspapers covered ‘freedom and choice’ day
DC governance will need to evolve rapidly in the coming months if it is to remain fit for purpose according to Girish Menezes.
Almost 40% of people over the age of 50 could fall victim to pension scams by failing to treat unsolicited letters as suspicious, research shows.