Industry backs government support but says reforms must now be implemented at pace
Pete Glancy says lack of reform is preventing people from having a comfortable retirement
Scottish Widows report revealed pension savers are at risk of retiring with £15,000 less
Percentage of those saving for retirement has gone up by a third since AE launched
The state opening of parliament for its new year will commence at around 11:30am
The WPC has laid down its final freedoms recommendations to the government
Scottish Widows is calling for hard-hit savers to be able to opt-out while still receiving employer contributions
The industry has provided a predominantly negative response to the confirmation today that the lifetime allowance will be frozen at £1,073,100 until April 2026.
The positive impact of auto-enrolment (AE) on retirement savings risks running out of steam amid growing concerns about the damage of the Covid-19 pandemic, says Scottish Widows.