Defined contribution (DC) occupational schemes will be forced to disclose to members costs and charges associated with investing their retirement pots, the government has announced.
Michael Klimes explores how the Pension Quality Mark's new communications guide can help the industry can improve engagement with members
The PLSA's DB taskforce has released more details about its suggested scheme consolidation route, but questions remain about how it would work in practice. James Phillips reports
Consolidating defined benefit (DB) schemes could give members greater security and lead to more affordable benefits, the Pensions and Lifetime Savings Association's (PLSA) taskforce has said.
Pension schemes should rethink their approach to defined benefit transfers in response to high demand since Freedom and Choice, writes Kim Kaveh
Experts have called on the government to clarify the relationship between state pension age increases and the age from when individuals can flexibly access their pension pots.
UK households have not stopped saving to go on a debt-fuelled consumer spending spree, according to research from Royal London, despite official figures revealing the savings ratio is at a record-low.
A rise in pensioner incomes and the freezing of pensioner tax-free allowance mean one in five taxpayers are now over the age of 65, Royal London says.
More than 10,000 counts of tax overpayment relating to pension freedoms have led to a £26.8m bill for HM Revenue & Customs (HMRC), latest data has revealed.
A total of £12.7bn has been withdrawn from pensions since Freedom and Choice was introduced in April 2015, according to latest HM Revenue & Customs (HMRC) statistics.