It is the role of employers, the pensions industry, and the government to close the gap between minimum and moderate levels of income in retirement, according to the Institute and Faculty of Actuaries (IFoA).
The Institute and Faculty of Actuaries (IFoA) has launched a monitoring scheme in a bid to improve the effectiveness of actuarial regulation and promote ongoing improvement across the profession.
John McAleer sets out four areas where a change in approach to managing mature pension funds could lead to better outcomes for members, trustees and sponsors.
A set of recommendations to help the pensions industry deliver its objectives and better communicate with people over pensions issues has been published by the Institute and Faculty of Actuaries (IFoA).
Actuaries and investment consultants that fail to take account of climate risk in their work and advice face increasing risks of legal liability and regulatory action, according to ClientEarth.
This week's top stories included coverage of a regulated apportionment arrangement agreed for Hoover's pension scheme.
Changes to pension policy must be viewed "through the lens of intergenerational fairness" by a future government, the Institute and Faculty of Actuaries (IFoA) has argued.
Jules Constantinou has been elected as the president of the Institute and Faculty of Actuaries (IFoA) for the 2018/19 year.
As the government's review into AE kicks off, how should the policy progress post-staging? James Phillips explores the industry view