PPI

In fewer than eight years there will be just one million defined benefit savers in the UK, while defined contribution schemes will cover 16 million workers, the Pensions Policy Institute predicts.

Large scale defined contribution schemes such as the National Employment Savings Trust could be run on a collective basis in future, the Pensions Policy Institute says.

The Pensions Policy Institute has appointed Michael Pomery as its chairman.

New Zealand's experience with auto-enrolment shows employers and employees tend to contribute at the minimum rate set by legislation, according to a report.

Public services risk losing £3.4bn a year from budgets if contracting-out is removed as part of a switch to a single-tier state pension, a report reveals.

Just 2% of retirees in the UK will have enough money to meet the government's new minimum income requirement and use flexible drawdown arrangements, research shows.

The Hutton Report has been welcomed by the industry, which claims it could increase pensions for the low paid, but left unions warning of industrial action.

Using UK economic growth as a barometer for public sector pension payments is "absolute nonsense" which will continue to underestimate costs, John Ralfe says.

Public sector discount rates should be tied to UK economic growth to reflect future tax revenues needed to fund the scheme, the Pensions Policy Institute says.

Otto Thoresen explains why employers and better incentives are key to the future of schemes