Government plans to merge ISAs and pensions would harm retirement saving and mean more retirees run out of money, Axa Wealth head of retirement planning Andy Zanelli has warned.
The government's green paper on tax relief has been welcomed by the Trades Union Congress (TUC).
A further 75 employers have been named and shamed by the Department for Business, Innovation and Skills (BIS) for underpaying their workers more than £153,000.
Deficit recovery contributions from employers into the Social Housing Pension Scheme (SHPS) will be boosted by £32m a year to improve the scheme's funding position.
The Treasury took the lead on the retirement flexibilities introduced in April because they were mostly concerned with removing tax charges, Chancellor George Osborne has said.
Top stories on PP this week include fears over a green paper white wash, the latest Ombudsman decision on transfers, and TPR action on master trusts. Here's the top five.
Flipping tax relief would undermine the pension system, not reinforce it
The pensions industry recognises the need for change, but thinks the summer Budget spells trouble and ‘ISA pensions' would mean lower retirement incomes, according to PP research.
Treasury ministers are said to be very interested in the potential of workplace ISAs replacing pensions. Jonathan Stapleton asks whether employees would want to use them.
Is the green paper a waste of time?