Michael Johnson sets out plans to curb freedom and choice
Savers approaching retirement should be defaulted into a not-for-profit annuity broker to protect them from making poor decisions after new flexibilities come in, argues the Centre for Policy Studies (CPS).
Top stories last week include two decisions from the Ombudsman, a scandal over DC charges, proposals to fix the LGPS and a 12-year low for inflation. Here's what you might have missed.
Michael Johnson sets out plans for an efficient £178bn superfund
The Local Government Pension Scheme (LGPS) is at risk of falling into a cash flow crisis following years of lax governance, Centre for Policy Studies research fellow Michael Johnson has warned.
CPS fellow slams consultants for being out of step with savers
The private pensions industry is set to wind down as young people increasingly retreat from retirement saving, the Centre for Policy Studies (CPS) has warned.
Jonathan Stapleton asks if tax-relief needs radical reform
Labour has backed a report from the Institute for Public Policy Research (IPPR) that calls for tax relief on pensions to be slashed by £2bn a year.
How and why the tax treatment of pensions has to change