Fund managers' and pension funds' dedication to pursuing short-term investment goals is causing severely reduced returns, a panel of MPs heard.
MPs may be forced to debate a controversial plan to halt age-related tax allowances, in a move dubbed a ‘granny tax', after an online petition opposing it garnered almost 100,000 signatures.
The House of Lords has passed two amendments to the Public Service Pensions Bill which will secure equal representation for members and employers on scheme boards.
The overhaul of the state pension system announced today will save the government money in the long term according to Department for Work and Pensions projections.
People will have to work longer to qualify for a flat-rate state pension under long-delayed proposals published in a white paper this afternoon.
The government today unveiled its plan for a single tier state pension after more than a year of delays.
Risk-sharing schemes are more suitable for MPs than for other public sector employees, says the Association of Consulting Actuaries.
Labour MP Keith Vaz is to lead a debate on changes to police pension provisions in Parliament this afternoon.
The work and pensions select committee is reopening its inquiry into the governance and best practice in workplace defined contribution pension provision.
Prime Minister David Cameron is set to outline a series of measures designed to boost economic growth.