The Pension Policy Institute (PPI) has called on defined contribution (DC) providers to develop default retirement options after research found savers were daunted by the choices on offer from April.
Pensions minister Steve Webb has rejected the idea that an ageing population could undermine plans to introduce collective defined contribution (CDC).
More than half of retirees could be at risk of making poor decisions with their defined contribution (DC) savings by 2024, warns the Pensions Policy Institute.
PP looks at the role a Retirement Savings Commission could play in shaping policy in the UK
While most don't know what they will do, those that cash out will hand £1.6bn to HMT
The Budget flexibilities may make collective defined contribution schemes (CDC) less appealing, according to the Pensions Policy Institute (PPI).
The majority of defined contribution (DC) savers do not know how they will use their pension pot and only have a vague idea when they will retire, according to research.
The government is the biggest rival annuity providers face in delivering retirement income products to consumers, according to Barnett Waddingham.
The Budget flexibilities will not hinder the government's plans for collective defined contribution (CDC), according to the Pensions Policy Institute (PPI).
The cost of implementing the 0.75% charge cap has already overshot expectations from the Department for Work and Pensions (DWP).