Pensions Commission

Patrick Heath-Lay says government must be clear about what the state pension provides

Single and divorced pensioners most affected and should be focus for future policy

The new Pensions UK chair sets out his three main areas of focus as the industry transforms

Industry calls on commission to provide a ‘clear’ and ‘practical’ definition of adequacy

SPP says millions face inadequate retirement unless government enacts ‘significant’ reforms

John Upton says low earners are a group that is particularly vulnerable to undersaving.

M&G says the check could give savers the ‘clarity, confidence and support’ to plan for retirement

Pensions UK says while flexibility could ease pressure on some savers, it could be unfair and add complexity

DWP figures suggest DC assets could surpass £1trn in 2031 and reach £1.24trn by 2035

Pension experts say the sector must help savers understand their own targets and how to reach them