PPI

Pension experts have broadly welcomed Treasury plans to consult on allowing access to 25% of pension savings tax free before retirement but warn the new rules must be kept as simple as possible.

Government proposals to end compulsory annuitisation could increase member longevity risk, the Pensions Policy Institute believes.

Introducing the National Association of Pension Fund's proposal for a simple, single state pension would "really help" the auto-enrolment reforms, Adrian Boulding says.

The state pension age should be hiked to at least 70 by the mid-2030s if concerns over the impact of rising longevity are to be allayed, industry experts say.

The National Association of Pension Funds has urged the government not to damage the UK's savings culture by back peddling on pension reforms.

UK - The National Association of Pension Funds has urged the government not to damage the UK's savings culture by back peddling on pension reforms.